Question 13 of 17 - / 1 View Policies Current Attempt in Progress Marigold Company sells fly fishing lures and uses a perpetual inventory system. The beginning balance of the inventory and transactions during September were as follows: September 1: Balance: 10 units @ $12 September 7: Purchased 30 units @ $14 September 10: Sold 19 units @ $19 September 22: Purchased 27 units @ $19 September 29: Sold 21 units @ $20 What inventory cost flow assumption was used if the ending inventory is determined to be $513? average costing FIFO weighted average specific identification Question 14 of 17 - / 1 III iew Policies Current Attempt in Progress A company just starting business made the following three inventory purchases in February: Feb. 1 200 units $1250 Feb. 10 400 units 2830 Feb. 28 110 units 760 $4840 On Feb 15, there were 260 units sold. The company uses a perpetual inventory system. Using the weighted average cost formula, the balance in ending inventory on February 28 is $4840. O $3166. O $3072 O $1768