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a company just starting the business made the following three inventory purchases in february: Feb.1 240 units $1380 Feb.10 360 units $ 2760 Feb. 28

a company just starting the business made the following three inventory purchases in february:

Feb.1 240 units $1380

Feb.10 360 units $ 2760

Feb. 28 110 units $ 800

On feb.15, there were 340 units sold. the company uses a perpetual inventory system. using the weighted average cost formula the balance in ending inventory on Feb 28 is

A. $ 4940.

b. $ 2793.

c. $ 2594.

d. $ 2346.

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