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Inventory records for COA, Inc. revealed the following: Date Transaction Number of Units Unit Cost Mar. 1 Beginning Inventory 1,000 $ 4.25 Mar. 10 Purchase

Inventory records for COA, Inc. revealed the following:

Date

Transaction

Number of Units

Unit Cost

Mar.

1

Beginning Inventory

1,000

$

4.25

Mar.

10

Purchase

600

4.50

Mar.

16

Purchase

800

4.75

Mar.

23

Purchase

600

5.00

COA sold 2,000 units of inventory during the month.

Ending inventory assuming weighted-average cost would be: (Round weighted-average unit cost to 4 decimals)

image text in transcribed

Inventory records for COA, Inc. revealed the following: Number of Units Date Transaction Unit Cost Mar. 1 Beginning Inventory 1,000 $ 4.25 Mar. 10 Purchase 600 4.50 Mar. 16 Purchase 800 4.75 Mar. 23 Purchase 600 5.00 COA sold 2,000 units of inventory during the month. Ending inventory assuming weighted-average cost would be: (Round weighted-average unit cost to 4 decimals) Select one: O a. $4,125 O b. $4,583 O c. $4,877 O d. $5,042 O e. $4,405

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