Question: Using the following inventory related information, assuming a periodic inventory system is used, what is ending inventory under the Weighted-Average Cost method? April 1 Beginning

Using the following inventory related information, assuming a periodic inventory system is used, what is ending inventory under the Weighted-Average Cost method?

April 1

Beginning Inventory

100 units @ $4

April 2

Sales

50 units

April 3

Purchases

300 units @ $6

April 10

Sales

250 units

April 21

Purchases

400 units @ $8

April 28

Sales

200 units

Select one:

A. $2,314

B. $3,875

C. $2,025

D. $3,375

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