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answer the question below Sugar Company maintains a perpetual inventory system and started the month of May with 350 units of inventory on hand. During

answer the question below

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Sugar Company maintains a perpetual inventory system and started the month of May with 350 units of inventory on hand. During the month of May Sugar sold 1,800 units to customers on the dates indicated below. Assuming that Sugar utilizes the weighted average inventory costing method what should Sugar report on the May 31st balance sheet for ending inventory? (Round your final answer to the nearest $1). Purchases Date Units Price 1-May 350 $5.00 8-May 400 $8.00 18-May 500 $8.42 25-May 800 $8.95 2,050 Date Units Price Sales 1 1-May 600 $12 22-May 500 $12 28-May 700 $12 1,800 O A. $2,338 O B. $2,217 O C. $2,200 O D. $2, 186 O E. $1,990

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