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On August 1 , Micro Encoders, Inc. had 1 2 0 units of a certain software package that cost $ 6 per unit. During August,

On August 1, Micro Encoders, Inc. had 120 units of a certain software package that cost $6 per unit. During August, the following purchases were made:
August 760 units @ $9.00 per unit
1580 units @$12.00 per unit
21140 units @ $10.50 per unit
During August, 300 units were sold. If Micro Encoders uses the weighted average method, the cost of ending inventory would be
$2,767.50
$2,812.20
$937.50
$922.50
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