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Table 4 Use this inventory information for the month of January to answer the following question. Date Transaction Units Cost Total Cost per Unit
Table 4 Use this inventory information for the month of January to answer the following question. Date Transaction Units Cost Total Cost per Unit Jan. 1 Inventory 20 $360 $7,200 14 Purchase 260 $342 88,920 25 Purchase 40 $357 14.280 Total 320 $110.400 January Sales 263 Assuming that a periodic inventory system is used, what is ending inventory on a Weighted Average basis? O $19,665 $20,094 $90,360 O $90,735
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