Martinez Corporation is a multi-product firm. The following information concerns one of its products, the
Trinton:
Date Transaction Quantity Price/
Cost
Jan. 1 Beginning inventory 1,500 $11
Feb. 4 Purchase 2,390 16
Feb. 20 Sale 2,790 29
Apr. 2 Purchase 3,460 23
Nov. 4 Sale 2,800 36