A Company Had 260 Units of Inventory at a Cost

Multiple Choice

A company had 260 units of inventory at a cost of $152 each on January 1. On June 5, the company purchased 460 units for $172 each. On November 10, the company purchased 160 units for $212 each. On December 15, the company sold 520 units. Given this information, use the weighted average periodic inventory method to find the ending inventory balance. (Do not round your intermediate calculations; round the final answer to nearest dollar amount.)

A) $64,320
B) $69,920
C) $90,149
D) $92,149
E) $62,411