A Company Purchased 80 Units for $40 Each on January

question 125

Multiple Choice

A company purchased 80 units for $40 each on January 31.It purchased 200 units for $35 each on February 28.It sold 200 units for $50 each from March 1 through December 31.If the company uses the weighted-average inventory costing method,calculate the amount of Cost of Goods Sold on the income statement for the year ending December 31.(Assume the company uses the perpetual inventory system.Round any intermediate calculations two decimal places,and your final answer to the nearest dollar. )

• A)$10,200
• B)$7,286
• C)$3,200
• D)$7,000

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The phase of life between childhood and adulthood, typically between the ages of 10 and 19, characterized by significant physical, psychological, and social changes.

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The two primary categories of biological and gender identity, based on physiological and reproductive characteristics.