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Uno Ltd uses a periodic inventory system and rounds the average unit cost to the nearest dollar. The following data relates to Uno Ltd for

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Uno Ltd uses a periodic inventory system and rounds the average unit cost to the nearest dollar. The following data relates to Uno Ltd for the year ended 30 June 2014:
\table[[Opening inventory,10 units @ average cost of $25 each],[January purchases,10 units @ $24 each],[February sales,8 units],[March product returns,4 units],[June sales,6 units],[July purchases,39 units @ $26 each],[August sales,18 units],[October purchases,10 units @ $24 each],[November sales,25 units]]
The cost of goods sold for the year using the weighted average method is:
a. $1528
b. $1734
*c. $1425
d. $1984
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