The following is a record of Oriole Company’s transactions for the month of May 2022. May 1   Balance 352 units @ $20   May 10   Sale 264 units @ $38   12   Purchase 528 units @ $25     20   Sale 470 units @ $38 Compute the cost of ending inventory under the perpetual system using the moving-average method. (Round average-cost per unit to 3 decimal places, e.g., 12.225 and final answer to 0 decimal places, e.g. 12115.) Ending inventory   $

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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The following is a record of Oriole Company’s transactions for the month of May 2022.


May 1   Balance 352 units @ $20   May 10   Sale 264 units @ $38
  12   Purchase 528 units @ $25     20   Sale 470 units @ $38


Compute the cost of ending inventory under the perpetual system using the moving-average method. (Round average-cost per unit to 3 decimal places, e.g., 12.225 and final answer to 0 decimal places, e.g. 12115.)

Ending inventory  
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