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Singh Computer Shop begins operations on June 1 and uses a perpetual inventory system. During June, the company had the following purchases and sales for

Singh Computer Shop begins operations on June 1 and uses a perpetual inventory system. During June, the company had the following purchases and sales for its Model 10 Fastback Computer System:PurchasesDateUnitsUnit CostSales (Units)June14$ 2,0005299$ 2,600163Using the weighted average cost formula, the balance in ending inventory on June 30 isSelect one:A.$19,323.B.$14,538.C.$19,927.D.$10,600.

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