Windrose, Inc. uses a periodic inventory system and its inventory records contain the following information:   Units Total CostBeginning inventory:600  $1,560  Purchased on May 10800   2,340  Purchased on June 151,000   2,520  Purchased on August 28600   1,980   3,000  $8,400  The company sold 2,000 units during June. There were no additional purchases or sales during the remainder of the year. The company had 1,000 units were in its ending inventory at the end of the year.If Windrose uses the weighted average inventory costing method, what is the cost of its ending inventory? (Round the per unit cost to 2 decimal places and then round your answer to the nearest whole dollar.)

A. $2,800
B. $8,400
C. $5,400
D. $2,730


Answer: A

Business

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