QUESTION 23 Big Red Sports, Inc. uses the periodic inventory system. Details for the inventory account for the month of December are as follows: of Units Per Unit Cost Cost of Units Balance, Dec. 1 100 $5.00 $500 Purchase, Dec. 15 150 $5.40 810 Purchase, Dec. 28 2 50 $5.60 1.400 Total Units Available 500 $2.710 At Dec 31 an inventory physical count showed that 150 units were on hand. It Big Red Sports, Inc. uses the weighted Average Cost Assumption, what is the cost of the ending inventory for the 150 units on hand as of Dec. 317 (round to the nearest dollar) $770 $813 $840 $800