MC Qu. 124 Given the following information, determine t…
Given the following information, determine the cost of goods sold at December 31 using the Weighted Average periodic 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.
| $284.70 | |
| $290.70 | |
| $210.30 | |
| $332.10 | |
| $282.15 |