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Addison, Inc. uses a perpetual inventory system. The following is information about one inventory item for the month of September: Sept. 1 Inventory 20 units

Addison, Inc. uses a perpetual inventory system. The following is information about one inventory item for the month of September:

Sept. 1 Inventory 20 units at $25
4 Sale 10 units
10 Purchase 30 units at $30
17 Sale 20 units

If Addison, Inc. uses the weighted average method what is the ending inventory at September 30? The formula for the weighted average method is: Total cost of goods available for sale / # of units available for sale.

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