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A company just starting business made the following three inventory purchases in February: Feb. 1 Feb. 10 Feb, 28 230 units 370 units 100 units

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A company just starting business made the following three inventory purchases in February: Feb. 1 Feb. 10 Feb, 28 230 units 370 units 100 units $1230 2790 830 $4850 On Feb 15, there were 300 units sold. The company uses a perpetual inventory system. Using the weighted average cost formula, the balance in ending Inventory on February 28 is 54850. 3092 $2840 $2010

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