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Tedder uses a periodic inventory system. At the end of January, 20 units were on hand. The following additional information is available for the month

Tedder uses a periodic inventory system. At the end of January, 20 units were on hand. The following additional information is available for the month of January:

Jan. 1 Beginning inventory: 10 units at $2 each $20
20 Purchased 90 units for $3 each $270
Cost of goods available for sale $290

If the company uses the weighted average method of inventory costing, how much is cost of goods sold for January?

a. $240

b. $250

c. $230

d. $232

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