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A company uses the periodic inventory system and had the following activity during the current monthly period 105 Units @ $10 November 1: Beginning inventory

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A company uses the periodic inventory system and had the following activity during the current monthly period 105 Units @ $10 November 1: Beginning inventory Purchased 105 Units @ $30 November 5: November 8: 55 Units $22 Purchased November 16 146 Units @ $70 40 Units $30 Sold Purchased November 19: Using the weighted-average inventory method, the company's ending inventory would be: Multiple Choice $3,446 $1,050 $3,460 $2,410 $2.250 O

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