Uno Ltd Uses a Periodic Inventory System and Rounds the Average

Multiple Choice

Uno Ltd uses a periodic inventory system and rounds the average unit cost to the nearest dollar. The following data relates to Uno Ltd for the year ended 30 June 2014:
$\begin{array}{ll}\text { Opening inventory } & 10 \text { units @ average cost of \$25 each } \\\text { January purchases } & 10 \text { units @ \$24 each } \\\text { February sales } & 8 \text { units } \\\text { March product returns } & 4 \text { units } \\\text { June sales } & 6 \text { units } \\\text { July purchases } & 39 \text { units @\$26 each } \\\text { August sales } & 18 \text { units } \\\text { October purchases } & 10 \text { units @\$24 each } \\\text { November sales } & 25 \text { units }\end{array}$

A) $1528
B) $1734
C) $1425
D) $1984