A Company Had Inventory on November 1 of 5 Units

Multiple Choice

A company had inventory on November 1 of 5 units at a cost of $20 each.On November 2,they purchased 10 units at $22 each.On November 6 they purchased 6 units at $25 each.On November 5,8 units were sold for $55 each.Using the Weighted Average perpetual inventory method,what was the value of the inventory on November 30?

A) $304.00
B) $404.00
C) $299.33
D) $280.00
E) $276.00