Problem 63A Part Level Submission Groves Company Inc had a b

Problem 6-3A (Part Level Submission) Groves Company Inc. had a beginning inventory of 116 units of Product MLN at a cost of $9 per unit. During the year, purchases were: Feb. 20 698 units at $10 Aug. 12 465 units at $13 May 5 582 units at $12 Dec. 8 116 units at $14 Groves Company uses a periodic inventory system. Sales totaled 1,745 units.

a. find the costs of goods available for sale

b. find average cost