Question: Question 22 1 pts Checkers uses the periodic inventory system. For the current month, the beginning inventory consisted of 1,000 units that cost $12 each.

Question 22 1 pts Checkers uses the periodic inventory system. For the current month, the beginning inventory consisted of 1,000 units that cost $12 each. During the month, the company made two purchases: 3,000 units at $13 each and 4,000 units at $14 each. Checkers also sold 5,000 units during the month. Using the average cost method, what is the amount in ending inventory for the end of the month? O $40,125 $66,875 $66,875 O $67.700

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