Lux Company Uses a Periodic Inventory System

Multiple Choice

Lux Company uses a periodic inventory system.The company started the month with 20 lamps in its beginning inventory that cost $30 each.During the month,Lux purchased 80 additional lamps for $31 each.At the end of the month,Lux counted its inventory and found that 25 lamps remained unsold.If Lux uses the weighted average cost method,its cost of goods sold for the month is:

A) $2,287.50.
B) $770.00.
C) $2,305.00.
D) $2,310.00.