Three identical units of Item A are purchased during February, as shown below. Item A Units Cost Feb. 8 Purchase 1 $45 Feb. 15 Purchase 1 $48 Feb. 26 Purchase 1 $51 --------------------------------------------------------------------- Total 3 $144 Average Cost per Unit $48 ($144 / 3 units) Assume one Item A is sold on February 27 for $70.

What is the ending inventory on February 28 using weighted average cost? $99 $93 $96