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6 ABC Company had the following purchases and sales information: Purchases 15 units at $100 January: February: May: November: 10 units at $115 9 units

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6 ABC Company had the following purchases and sales information: Purchases 15 units at $100 January: February: May: November: 10 units at $115 9 units at $120 Sales 10 units Using the weighted average inventory costing method, what is the value of the cost of goods sold on May? A $2,650 B. $2,670 C $4,240 D. $1,060

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