Wetzel Company Has the Following Data Available If Wetzel Company Uses a Perpetual Moving-Average Inventory System, the l

Multiple Choice

Wetzel Company has the following data available: $$\begin{array} { | l | c | c | c | } \hline \text { Transaction } & \text { Units Purchased } & \text { Unit Cost } & \text { Units Sold } \\\hline \text { Beginning Inventory } & 500 & \$ 10 & \\\hline \text { March 1 Purchase } & 200 & \$ 12 & \\\hline \text { April 25 Sale } & & & 350 \\\hline \text { June 10 Purchase } & 300 & \$ 14 & \\\hline \text { July 20 Sale } & & & 250 \\\hline \text { October 30 Purchase } & 350 & \$ 15 & \\\hline \text { December 15 Sale } & & & 400 \\\hline\end{array}$$
If Wetzel Company uses a perpetual moving-average inventory system, the cost of the ending inventory on December 31 is ________. (Round average cost per unit to four decimal places and all other numbers to two decimal places.)

A) $12,131.30
B) $4,718.70
C) $16,850.00
D) $5,250.00