Below is a record of beginning inventory and purchases. Compute the ending inventory under the weighted-average method assuming periodic inventory procedure is a physical count showed 150 units on hand at the end of the month.

Inventory on May 1, 75 units @ $10.00 = $750.00

Purchases: May 10, 50 units @ $10.50 = 525.00

May 15, 25 units @ $10.30 = 257.50

May 25 100 units @ $10.10 = 1,010.00

250 $2,542.50