Checkers Uses the Periodic Inventory System

Multiple Choice

Checkers uses the periodic inventory system.For the current month, the beginning inventory consisted of 1,200 units that cost $12 each.During the month, the company made two purchases: 500 units at $13 each and 2,000 units at $13.50 each.Checkers also sold 2,150 units during the month.Using the average cost method, what is the amount of cost of goods sold for the month?

A) $27,843.
B) $28,950.
C) $26,975.
D) $27,950.