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A company uses the periodic inventory system and had the following activity during the current monthly period. November 1: November 5: November 8: November 16:

A company uses the periodic inventory system and had the following activity during the current monthly period.

November 1: November 5: November 8: November 16: November 19: Beginning inventory Purchased Purchased Sold Purchased 114 Units @ $30 114 Units @ $26 64 Units @ $30 182 Units @ $115 85 Units @ $30 Using the weighted average inventory method, the company's ending inventory would be: O $5,970 O $7,890 $5,614 o $4,470 $3,420

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