A company has the following inventory information and uses the periodic system: The company uses the weighted - average method of inventory costing. What is the cost of goods sold and the ending merchandise inventory? A. COGS \$221.92; Merchandise Inventory $245.28 B. COGS $105.45; Merchandise Inventory $116.55 C. COGS $245.28; Merchandise Inventory $221.92 D. COGS $116.55 : Merchandise Inventory $105.45