Given the Following Information, Determine the Cost of Ending Inventory

question 5

Multiple Choice

Given the following information, determine the cost of ending inventory at December 31 using the weighted average perpetual inventory method. Assume this is the first month of the company's operations. December 2: 5 units were purchased at $7 per unit.
December 9: 10 units were purchased at $9.40 per unit.
December 12: 2 units were sold.

• A)$17.20
• B)$111.80
• C)$129.00
• D)$94.00
• E)$8.60

---

Definitions:

Personalities

The combination of characteristics or qualities that form an individual's distinctive character, influencing their behaviors, thoughts, and emotions.

Dissociative Identity Disorder

A mental disorder characterized by the presence of two or more distinct personality states or identities in an individual.

Mutually Amnesic

Characterizes a state where two or more individuals mutually have no memory of certain events or experiences.