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Question 8 0.5 points Jlo uses a perpetual inventory...

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Accounting

Question 8
0.5 points
Jlo uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases during the month of January were as follows:
Beginning Inventory (Jan.1)16 units @ $11 each
Purchase Jan. 11,14 units @ $18 each
Purchase Jan. 20,23 units @ $22 each
On January 24, the company sold 25 units of this product. The other 28 units remained in inventory at January 31.
Assuming average cost flow, the total value of ending inventory at January 31 is: Round ONLY your final answer to the nearest dollar. GIVE ANSWERS FOR ALL NUMERIC
COMPUTATIONS AS A SINGLE TOTAL DOLLAR AMOUNT WITHOUT USING $ SIGN
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