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A company has the following data: Dec. 1, beg. bal. 150 units $ 825 Dec. 10. purchase 200 units 1,120 Dec. 15. purchase 200 units

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A company has the following data: Dec. 1, beg. bal. 150 units $ 825 Dec. 10. purchase 200 units 1,120 Dec. 15. purchase 200 units 1.140 Dec. 28. purchase 150 units 885 $ 3.970 A physical count of merchandise inventory on December 31 reveals that there are 200 units on hand. Using the average-cost method and a periodic inventory system, the amount allocated to the ending inventory on December 31 is O S1,120. O S1,134. O $1.220 O S1.180. O S1,100

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