Inventory records for Eliza Company revealed the following: Date March 1 Beginning Inventory March 10 Purchase March 16 Purchase March 23 Purchase Multiple Choice O Eliza sold 2,000 units of inventory during the month. What is the cost of goods sold assuming weighted-average co 4 decimals if necessary and round your final answer to nearest whole dollar.) O $14,600 $14,760 $14,220 Transaction $14,680 Number of Units 1,080 580 870 540 Unit Cost $7.11 7.30 7.46 7.65

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Dinesh bhai 

Inventory records for Eliza Company revealed the following:
Date
March 1 Beginning Inventory
March 10 Purchase
March 16
Purchase
March 23
Purchase
Multiple Choice
O
O
Eliza sold 2,000 units of inventory during the month. What is the cost of goods sold assuming weighted-average cost? (
4 decimals if necessary and round your final answer to nearest whole dollar.)
O
$14,600
$14,760
$14,220
Transaction
$14,680
Number of
Units
1,080
580
870
540
Unit Cost
$ 7.11
7.30
7.46
7.65
Transcribed Image Text:Inventory records for Eliza Company revealed the following: Date March 1 Beginning Inventory March 10 Purchase March 16 Purchase March 23 Purchase Multiple Choice O O Eliza sold 2,000 units of inventory during the month. What is the cost of goods sold assuming weighted-average cost? ( 4 decimals if necessary and round your final answer to nearest whole dollar.) O $14,600 $14,760 $14,220 Transaction $14,680 Number of Units 1,080 580 870 540 Unit Cost $ 7.11 7.30 7.46 7.65
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