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Given the following information, determine the cost of ending inventory at December 31 using the Weighted Average perpetual inventory method. December 2: 5 units were
Given the following information, determine the cost of ending inventory at December 31 using the Weighted Average perpetual inventory method. December 2: 5 units were purchased at $7 per unit. December 9: 10 units were purchased at $9.40 per unit. December 11: 12 units were sold at $35 per unit. December 15: 20 units were purchased at $10.15 per unit. December 22: 18 units were sold at $35 per unit.
Select one:
a. $51.75
b. $83.22
c. $41.30
d. $49.85
e. $50.75
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