Consider the following inventory transactions for September: Beginning inventory Purchase on September 12 Purchase on September 23 Multiple Choice $115 For the month of September, the company sold 28 units. What is cost of goods sold under the weighted-average cost method? (Round the weis average unit cost to 4 decimals if necessary. Round your answer to the nearest dollar amount.) $104 O $97 units @ units @ 11 units @ $81 16 30 $ 2.90 $ 3.50 $ 4.10

Consider the following inventory transactions for September: Beginning inventory Purchase on September 12 Purchase on September 23 Multiple Choice $115 For the month of September, the company sold 28 units. What is cost of goods sold under the weighted-average cost method? (Round the weis average unit cost to 4 decimals if necessary. Round your answer to the nearest dollar amount.) $104 O $97 units @ units @ 11 units @ $81 16 30 $ 2.90 $ 3.50 $ 4.10

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter6: Cost Of Goods Sold And Inventory

Section: Chapter Questions

Problem 62E

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