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Wildhorse's Place recorded the following data: Unit Units Received Sold Date On Hand Cost $2.90 1/1 Inventory 700 1/8 Purchased 900 1600 3.10 1/12 Sold

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Wildhorse's Place recorded the following data: Unit Units Received Sold Date On Hand Cost $2.90 1/1 Inventory 700 1/8 Purchased 900 1600 3.10 1/12 Sold 1230 370 The weighted average unit cost of the inventory at January 31 is: $2.90. $3.50. O $3.00. $3.01

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