a company uses the periodic inventory system and had the following activity during the current monthly period. using the weighted average inventory method, the company's ending inventory would be:

A company had the following purchases during its first year of operations 18 00:15.09 January: February: May: September: November: Purchases 10 units at $120 20 units at $130 15 units at $140 12 units at $150 10 units at $160 On December 31, there were 26 units remaining in ending inventory. These 26 units consisted of 2 from January. 4 from February, 6 from May, 4 from September, and 10 from November. Using the specific identification method what is the cost of the ending inventory? Multiple Choice