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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.

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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. November 19. Beginning inventory Purchased Purchased Sold Purchased 106 Units @ $20 106 Units @ $22 56 Units @ $23 150 Units @ $75 45 Units @ $25 Using the weighted-average inventory method, the company's ending inventory would be: Multiple Choice $2.120 MO NA

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