At May 1, 2018, Marigold Company had beginning inventory consisting of 160 units with a...
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At May 1, 2018, Marigold Company had beginning inventory consisting of 160 units with a unit cost of $9.00. During May, the company purchased inventory as follows: 800 units at $9.00 640 units at $10.00 The company sold 820 units during the month for $14 per unit. Marigold uses the average cost method. The value of Marigold's inventory at May 31, 2018 is $7407 $7332 $5907. $13314
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