Palmer Company's beginning inventory consists of 1,000 units at $1.00 per unit. During the year, the company purchases 5,000 units costing a total of $5,800. At the end of the accounting period, Palmer still has 1,000 units on hand. If Palmer uses the weighted average cost method, its cost of goods sold (rounded to the nearest dollar) will be Click the answer you think is right $5,667. $5,800. $1,133. $6,000 $1,000. Do you know the answern I know It Think so Unsure No idea