Use the information above to answer the following question.If the company uses the weighted average inventory costing method,what is the cost of its ending inventory?
A)$4,200.
B)$2,700.
C)$1,400.
D)$1,365.

Question

Quizplus · Accepted Answer

The weighted average cost per unit is calculated by dividing the total cost of goods available for sale by the total units available for sale. The ending inventory cost is then determined by multiplying the weighted average cost per unit by the number of units in ending inventory.

Use the Information Above to Answer the Following Question