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The Oriole Computer Shop begins operations on June 1 and uses a periodic inventory system. During June, the company had the following purchases for its

The Oriole Computer Shop begins operations on June 1 and uses a periodic inventory system. During June, the company had the following purchases for its Model 10 Fastback Computer System:

Purchases
Date Units Units Cost
June 1 4 $1600
9 12 $2000

On June 30 an inventory count showed there were 9 units on hand. Using the weighted average cost formula, the amount allocated to the ending inventory on June 30 is

$17100.

$13300.

$18000.

$16200.

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