12. The following amounts and co during 2016 m e for sale by Corpus Christ Ceramics Beginning inventory 10 unitats 62 First purchase 15 units at $110 30 units 5140 Second purchase Third purchase 25 units at $130 Corpus Christy Ceramics has 35 platters on hand at the end of the year. What is the dollar amount of inventory at the end of the year according to the weighted average cost method? A) $9.920 B) $6,200 c) $3,465 D) $4.340 13. Which of the following inventory costing methods most closely matches the cost flow with the goods flow? A) FIFO B) Specific identification C) LIFO D) Weighted average 14. Arito Company uses the periodic inventory system. For the current month, the beginning inventory consisted of 1,200 units that cost $30 each. During the month, the company made two purchases: 500 units at $29 each and 2,000 units at $28 each. Arito Company also sold 2,150 units during the month. Using the periodic FIFO method, what is the cost of ending inventory? A) $43,400 B) $37,900 C) $40,146 D) $37,200