Saved Scott Company had a beginning inventory on January 1 of 100 units of Product CRV at a cost of $200 per unit. During the year, the following purchases and return were made: Mar. 15 300 units at $224 July 20 250 units at $235 Sept. 4 200 units at $238 Sept. 5 50 units returned at $238 Dec. 2 100 units at $250 By year-end, 700 units were sold. Scott Company uses a periodic inventory system. Question: Ending Inventory - AVERAGE COST
A) $206,650
B) $157,850
C) $164,250
D) $160,727
