At May 1, 2011, Deitrich Company Had Beginning Inventory Consisting $€ 3.50$

Multiple Choice

At May 1, 2011, Deitrich Company had beginning inventory consisting of 100 units with a unit cost of $€ 3.50$ . During May, the company purchased inventory as follows:

200 units at $€ 3.50$
300 units at $€ 4.00$

The company sold 500 units during the month for $€ 6$ per unit. Deitrich uses the average cost method. The value of Deitrich's inventory at May 31, 2011 is

A) € 350 .
B) € 375 .
C) € 400 .
D) € 2,250 .