Florida Inc Uses a Periodic Inventory System with the Weighted

Multiple Choice

Florida Inc uses a periodic inventory system with the weighted average method of cost assignment.The following data are available.
Date Units Unit Cost Total
Cost
Beginning inventory Jan 1 2000 $6 $12 000
Purchase Mar 13 4000 $7 $28 000
Purchase June 20 6000 $8 $48 000
Ending inventory Dec 31 1000
The cost of the ending inventory to the nearest dollar is:

A) $8333.
B) $8000.
C) $7300.
D) $6000.