Consider the following inventory transactions for September:

Beginning inventory 16 units @ $ 2.90

Purchase on September 12 21 units @ $ 3.40

Purchased on September 23 11 units @ $ 4.00

For the month of September, the company sold 30 units. What is cost of goods sold under the weighted-average cost method? (Do not round your intermediate calculations. Round the weighted-average unit cost to 4 decimals if necessary. Round your answer to the nearest dollar amount.)

Multiple Choice

$87.

$101.

$120.

$126.