Question: Under the Weighted Average perpetual inventory system, given the information below, what would be January's Ending Inventory value? Weighted Average Date Description Units Cost per

Under the Weighted Average perpetual inventory system, given the information below, what would be January's Ending Inventory value?

Weighted Average
Date Description Units Cost per Unit
1/1 Beginning Inventory 220 $100.00
1/8 Bought Inventory 180 $120.00
1/16 Sold Inventory 160 ??

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