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QUESTION 10 5 points Save Answe A company uses the periodic inventory system and had the following activity during the current monthly period. Date Activities

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QUESTION 10 5 points Save Answe A company uses the periodic inventory system and had the following activity during the current monthly period. Date Activities Units Acquired at Cost Units Sold at Retail Nov. 1 Beginning inventory 100 units @ $20 = $ 2,000 Nov. 5 Purchase 100 units @ $22 = $ 2,200 Nov. 8 Purchase 50 units @ $23 = $ 1,150 Nov. 16 Sales 200 units @ $45 Nov. 19 Purchase 50 units @ $25 = $ 1,250 Using the weighted-average inventory method, the company's ending inventory would be: O $2,000 O $2,200 O $4,400 O $2,400 $2,250

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