A company just starting business made the following three Inventory purchases in February:

Feh. $1$

$225$ units$ $1,350$

Fch$.10$

$400$ units $2,800$

Feb. $28$

$100$ units

$800$

$ $4,950$

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 a$)$ $ $1,950.$ b$)$ $ $3,075.$ c$)$ $ $2,958.$

d$)$ $ $1,992.$