Use the Following Information for the Month of June for Questions

Multiple Choice

Use the following information for the month of June for questions.
XYZ Inc. uses the average cost formula in a perpetual inventory system.
(Use unrounded numbers in your calculations but round to the nearest cent for presentation purposes in your answer.) Jun 22 Sale 40 units
-XYZ Inc. has an ending inventory on June 30 of

A) $1,370.00.
B) $1,418.56.
C) $1,429.90.
D) $1,450.15.