25. MSU, Inc. uses a periodic inventory system and its inv odic inventory system and...
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25. MSU, Inc. uses a periodic inventory system and its inv odic inventory system and its inventory records contain the following information 800 2,340 Purchased on June 15 1,000 2,520 Purchased on August 28 600 1,980 3,000 $ 8,400 The company sold 2,000 units during the year. There were 1,000 units in its ending If MSU uses the weighted average inventory costing method, what is the cost of its ending inventory? A $2,800 B. $2,730 C D. $8,400 $3,240
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