What is cost of good sold under weighted-average cost method

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Consider the following inventory transactions for September:

Beginning inventory               13units @ $2.80

Purchase on September12     23units @ $3.60

Purchased on September      23 9units @ $4.30

Question 1: For the month of September, the company sold 29 units. What is cost of goods sold under the weighted-average cost method? (Do not round your intermediate calculations. Round the weighted-average unit cost to 4 decimals if necessary. Round your answer to the nearest dollar amount.)

Option 1: $102.

Option 2: $115.

Option 3: $81.

Option 4: $125.

Reference no: EM132600060

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