Global company provided the following inventory information for the month of March 2019.   Units Cost (RO) Amount (RO) Mar-1 Beginning inventory 230 20 4,600 Mar 8- Purchases 340 24 8,160 Mar 16- Purchases 380 30 11,400 Mar 14- Sales 350 40 14,000 Based on the above table find out the amount of Closing inventory for the month of March 2019, if the business is evaluating the inventory by using Weighted average method under the Periodic inventory system. a. RO 15,258 b. RO 11,400 c. RO 8,901 d. RO 7,480

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