The inventory records for Radford Co

Subject:AccountingPrice:3.87 Bought7

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The inventory records for Radford Co. reflected the following

Beginning inventory @ May 1	100	units @	$ 4.00
First purchase @ May 7	300	units @	$ 4.40
second purchase @ May 17	500	units @	$ 4.60
Third purchase @ May 23	100	units @	$ 4.80
Sales @ May 31	900	units @	$ 7.80

Determine the amount of gross margin assuming the weighted average cost flow method. A) $3,015

B) $2,412

C) $1,314

D) $2,970