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

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A company uses the periodic inventory system and had the following activity during the current monthly period. November 1: Beginning inventory November 5: Purchased November 8: Purchased November 16: Sold November 19: Purchased 101 Units @ $25 101 Units @ $26 51 Units @ $25 130 Units @ $50 20 Units @ $20 Using the weighted average inventory method, the company's ending inventory would be: 0 $3,576 0 $2,525 0 $1,675 0 $2,925 0 $4,200

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