Date Number of Rings Purchased Cost Per Ring Total Cost
1-Feb 4 $1,000 $4,000 1-Apr 6 $1,100 $6,600 1-May 8 $1,100 $8,800 1-Jun 8 $1,150 $9,200 1-Aug 6 $1,175 $7,050 1-Oct 10 $1,200 $12,000 1-Nov 9 $1,175 $10,575 1-Dec 7 $1,150 $8,050 58 $66,275 Beginning Inventory 10 Rings Available for…