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Wildhorse Top uses the periodic inventory system. For the current month, the beginning inventory consisted of 478 units that cost $63
each. During the month, the company made two purchases: 719 units at $66 each and 362 units at $68 each. Wildhorse also sold 1199
units during the month. If the average-cost method is used, what is the amount of ending inventory? (Round average cost per unit to 2
decimal places, e.g. 21.48.)
? $24480.
? $78582.
? $23594.
? $77704.
