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use the following information to answer all questions in this section Niles Co. has the...

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Accounting

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use the following information to answer all questions in this section Niles Co. has the following data related to an item of inventory: Inventory, March 1 80 units @ $4.30 Purchase, March 7 160 units @ $4.6 sales, march 10 130 units @ $8 Purchase, March 16 40 units @ $5 The value assigned to ending inventory if Niles uses perpetual system and moving- average method is O $695 O $1040 O $965 $706

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