Frick company began the accounting period with inventory of, Financial Accounting

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Frick company began the accounting period with inventory of

Frick Company began the accounting period with inventory of 3,000 units at $30 each. During the period, the company purchased an additional 5,000 units at $36 each and sold 4,600 units. Assume the use of periodic inventory procedure. The cost of ending inventory using weighted-average is:

a. $114,750

b. $157,600

c. $122,400

d. $109,650

e. None of the above

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Financial Accounting: Frick company began the accounting period with inventory of

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