Marquis company uses a weighted-average perpetual inventory


Question - Marquis Company uses a weighted-average perpetual inventory system.

August 2, 11 units were purchased at $2 per unit.

August 18, 16 units were purchased at $4 per unit.

August 29, 13 units were sold.

What is the amount of the cost of goods sold for this sale?

$64.00

$32.50

$41.41

$86.00

$30.00

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Accounting Basics: Marquis company uses a weighted-average perpetual inventory
Reference No:- TGS02866014

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