A Company Purchased Inventory as Follows On March 5, It Sold 400 Units for $17 Each

Multiple Choice

A company purchased inventory as follows: $$\begin{array} { | l | l | } \hline \text { March } 3 & 300 \text { units at } \$ 9.00 \\\hline \text { March } 4 & 200 \text { units at } \$ 10.00 \\\hline\end{array}$$ On March 5, it sold 400 units for $17 each. The weighted- average unit cost to be used for the cost of goods sold on March 5, in a perpetual inventory system, is

A) $9.00.
B) $9.40.
C) $9.60.
D) $10.00