At May 1, 2022, Ayayai Corp. had beginning inventory consisting of 280 units with a unit cost of $7. During May, the company purchased inventory as follows:
O 560 units at $7
O 850 units at $8
The company sold 1410 units during the month for $11 per unit. Ayayai Corp. uses the average cost method.
Required:
1. The value of Ayayai Corp.'s inventory at May 31, 2022 is (Round average cost per unit to 2 decimal places, e. g. 12.52.)

Jaguar has full manufacturing costs of their s-type sedan of £22,803. they sell the s-type in the uk with a 20% margin for a price of £27,363. today these cars are available in the us for $55,000 which is the uk price multiplied by the current exchange rate of $2.01/£. jaguar has committed to keeping the us price at $55,000 for the next six months. if the uk pound appreciates against the usd to an exchange rate of $2.15/£, and jaguar has not hedged against currency changes, what is the amount the company will receive in pounds at the new exchange rate?