Determine the cost of goods sold


Given the following information, determine the cost of goods sold at December 31 using the weighted-average perpetual inventory method. December 2: 5 units were purchased at $7 per unit. December 9: 10 units were purchased at $9.40 per unit. December 11: 12 units were sold at $35 per unit. December 15: 20 units were purchased at $10.15 per unit. December 22: 18 units were sold at $35 per unit.

    a)$282.30

$332.10

$281.25
incorrect $290.70

$210.30

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Accounting Basics: Determine the cost of goods sold
Reference No:- TGS0673583

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