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A company purchased 100 units for $50 each on January 31. It purchased 200 units for $30 each on February 28. It sold a total
A company purchased 100 units for $50 each on January 31. It purchased 200 units for $30 each on February 28. It sold a total of 250 units for $60 each from March 1 through December 31. If the company uses the weighted-average inventory costing method, calculate the amount of ending inventory on December 31. (Assume that the company uses a perpetual inventory system. Round any intermediate calculations two decimal places, and your final answer to the nearest dollar.)
A.
$9,167
B.
$1,833.5
C.
$2,000
D.
$11,000
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