Question $16$

$2$ pts

A company uses the perpetual inventory system and had the following activity during the current monthly period.

Date

November $1.$

B

$(2)$

Activities

Units Acquired at

Cost

$108$ units @ $$20=$

$$2,160$

$104$ units @ $$22=$

$$2,288$

$54$ units @ $$23=$

$$1,242$

November

$16$

November

$19$

Units Sold at Retail

$208$ units @ $$45$

$54$ units @ $$25=$

$$1,350$

Using the weighted$-$average inventory method, the company's ending inventory would be:

$$2,464\mathrm{.}00$

$$2,661\mathrm{.}45$

$$2,590\mathrm{.}68$

$$2,468\mathrm{.}55$