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A company purchased 300 units for $60 each on January 31 . It purchased 250 units for $25 each on February 28 . It sold

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A company purchased 300 units for $60 each on January 31 . It purchased 250 units for $25 each on February 28 . It sold a total of 150 units for $70 each from March 1 through December 31 . If the company uses the weightedaverage inventory costing method, calculate the cost 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.) $17.636 $17,000 $24,250 $6,614

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