Question Help A company has the following inventory information and uses the periodic system: May 1 Beginning Inventory 16 units at $1 each May 4 Purchase 9 units at $2 each May 7 Sale 18 units The company uses the weighted - average method of inventory costing. What is the cost of goods sold and the ending merchandise inventory? O A. COGS $13.23; Merchandise Inventory $34.02 O B. COGS $24.48; Merchandise Inventory $9.52 O C. COGS $34.02; Merchandise Inventory $13.23 O D. COGS $9.52; Merchandise Inventory $24.48