Question: Using the following 2 tables, answer the next four questions (Assuming Periodic Method). Table of Inventory Purchases Date Units Unit Cost Total cost Beginning Inventory

Using the following 2 tables, answer the next four questions (Assuming Periodic Method).

Table of Inventory Purchases

Date Units Unit Cost Total cost

Beginning Inventory 10 $3 $30

February 3 5 4 20

April 10 15 5 75

June 12 12 7 84

August 20 20 8 160

Total 62 units 369 Total Cost

Sales

Date Units Identified Units Price Total

March 5 February 5 $6 $30

May 2 April 10 6 60

July 4 June 2 10 20

September 1 June 8 10 80

25units $190Total

Determine the ending inventory under the weighted-average method. a. $190 c. $249 b. $220 d. $369

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