Priscilla Has the Following Inventory Information A Physical Count of Merchandise Inventory on July 31 Reveals

Multiple Choice

Priscilla has the following inventory information. $$\begin{array} { r l l r } \text { July } 1 & \text { Beginning Inventory } & 20 \text { units at } \$ 19 & \$ 380 \\7 & \text { Purchases } & 70 \text { units at } \$ 20 & 1,400 \\22 & \text { Purchases } & 10 \text { units at } \$ 23 & { 230 } \\&&&{ \$ 2,010 }\end{array}$$ A physical count of merchandise inventory on July 31 reveals that there are 35 units on hand. Using the average-cost method, the value of ending inventory is

A) $680.
B) $704.
C) $723.
D) $730.