Use the Following Information for Questions Below
a Company Had

Multiple Choice

Use the following information for questions below
A company had the following inventory activity during June:
$\begin{array}{lrrr}&{\text { Units }}& {\text { Unit Cost }} & {\text { Total Cost }}\\\hline&450 & \$ 9.50 & \$ 4,275\\Beginning~ inventory~ Purchases:\\~~~~~~~~~~~June ~5&1,500 & 10.00 & 15,000 \\~~~~~~~~~~~June ~13&900 & 10.25 & 9,225 \\Sales:\\~~~~~~~~~~~June~ 8&1,100 & & \\~~~~~~~~~~~June~ 24&600 & &\end{array}$
-If the company is using a weighted-average cost formula and a periodic system,what is the ending inventory closest to?

A) $11,925
B) $11,415
C) $11,500
D) $11,585