Question 25 3 pts Micro Encoders, Inc. uses a periodic inventory system. On August 1, Micro Encoders had 120 units of a certain software package that cost $6 per unit. During August, the following purchases were made: August 7 60 units @ $9.00 per unit 15 80 units @ $12.00 per unit 140 units @ $10.50 per unit 21 During August, 300 units were sold. If Micro Encoders uses the weighted average method, the cost of ending inventory would be $937.50 $922.50 $2.767.50 $2.812.20