Exhibit 6-1 Use the data below to answer the questions that follow. Assume that the company uses the periodic inventory system. Sept. 1 On hand, 300 units @ $1.50 each 6 Purchased 1,000 units @ $1.65 each 18 Purchased 800 units @ $1.75 each Total cost of goods available for sale 30 On hand, 425 units $ 450.00 1,650.00 1,400.00 $3,500.00 Refer to Exibit 6-1. If the company uses the weighted average cost inventory method, the amount assigned to the Sept. 30 inventory I would be Select one: O a. $694.17. O b. $656.25. O c. $718.75. O d. $708.33