The Xu Corporation uses a periodic inventory system. The company has a beginning inventory of 2150 units at $24 each on January Xu purchases 2.400 units at $23 each in February and 1150 units at $25 each in March. There were no additional purchases or sales during the remainder of the year Xu sells 1,100 units during the quarter. If Xu uses the weighted average method, what is its cost of goods sold for the quarter? (Do not round intermediate calculations. Round your final answer to the nearest dollar amount.) Multiple Choice $25,300 $26,159 $26,400 $27,500