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Wahoo Company uses the periodic inventory method. The March 1 inventory consisted of 200 units...

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Accounting

Wahoo Company uses the periodic inventory method. The March 1 inventory consisted of 200 units at a total cost of $1,250. The company sold 10 units on March 14 for $120. Purchases for the month were as follows: Date Number of Units Unit Cost Mar 5 20 $5.80 Mar 22 80 $5.50 What is Wahoo's weighted average cost of goods sold for May? Group of answer choices $60.20 $62.50 $65.00 $62.10 $55.60

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