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A company uses the weighted - average method of inventory valuation under a periodic inventory system. The company began the year with a zero inventory balance. They had the following transactions during the year. 1. Purchased 65 units at $5 per unit 2. Purchased 110 units at $5 per unit 3. Sold 90 units at $10 per unit 4. Purchased 55 units at $6 per unit 5. Sold 90 units at $13.5 per unit At the end of the year, the copany counted the inventory and found 50 units remaining. Calculate the cost of goods sold for the year. (Round the unit costs to two decimal places and total costs to the nearest dollar.) A company uses the weighted - average method of inventory valuation under a periodic inve a zero inventory balance. They had the following transactions during the year. 1. Purchased 65 units at $5 per unit 2. Purchased 110 units at $5 per unit A. $5 B. $1,205 C. $943 D. $262