The cost of 8,000 units sold in the month and the value of ending inventory using the weighted average method are

  1. $16,873; $6,327
  2. $16,400; $6,800
  3. $17,000; $7,000
  4. $52,000; $19,500

Purchases made during the month:

Feb 10

6,000 @ $2

Feb 20

3,000 @ $2.20

Feb 28

2,000 @ $2.30