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Snug-As-A-Bug Blankets has the following inventory data: July 1 Beginning inventory 30 units at $60...

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Accounting

Snug-As-A-Bug Blankets has the following inventory data: July 1 Beginning inventory 30 units at $60 5 Purchases 180 units at $56 14 Sale 120 units 21 Purchases 90 units at $58 30 Sale 84 units Assuming that a perpetual inventory system is used, what is ending inventory (rounded) under the average cost method for July? Correct! $5,500 $5,568 $5,544 $4,812

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