Question: SlickCo, a 2 0 X 1 start - up that uses the periodic method and weighted - averagecosting, makes the following merchandise purchases: 2 0

SlickCo, a 20X1 start-up that uses the periodic method and weighted-averagecosting, makes the following merchandise purchases:20X1 Units Unit costMarch 450 $3.00August 650 $3.5020X22. February 550 $4.00October 250 $5.00At the end of 20X1, there are 350 units in ending inventory. If, in 20X2, SlickCo sells800 units, what is the 20X2 cost of goods?a. $3,100b. $3,200c. $4,100d. $4,200

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