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The following inventory transactions took place for Cullumber Corporation for the month of May: Date...

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Accounting

The following inventory transactions took place for Cullumber Corporation for the month of May: Date May 1 May 5 May 10 May 15 May 20 May 22 May 24 May 25 beginning inventory purchase purchase sale sale Event purchase purchase sale Quantity 4,000 3,000 3,000 4,000 4,000 1,500 4,500 4,000 Cost/ Selling Price $3.20 3.40 3.50 6.20 6.20 3.70 3.70 6.20 Calculate the ending inventory balance for Cullumber Corporation, assuming the company uses a perpetual inven moving-average cost formula. (Round unit costs to 2 decimal places, e.g. 52.75 and final answer to O decimal places. e.g
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The following inventory transactions took place for Cullumber Corporation for the month of May: Calculate the ending inventory balance for Cullumber Corporation, assuming the company uses a perpetual inven moving-average cost formula. (Round unit costs to 2 decimal places, es. 52.75 and final answer to 0 decimal places pe

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