A Company Purchases and Sells Roofoo

Multiple Choice

A company purchases and sells Roofoo. It began last year with five units of Roofoo on hand at a cost of $10 each, and during the year its purchases and sales were as follows:

What was the value of the ending inventory of Roofoo, using the moving weighted average assumption and a perpetual inventory system?

A) $45
B) $39
C) $36.43
D) $15