Use the Following Information for the Month of June for Questions

question 3

Multiple Choice

Use the following information for the month of June for questions.
XYZ Inc. uses the average cost formula in a perpetual inventory system.
(Use unrounded numbers in your calculations but round to the nearest cent for presentation purposes in your answer.) Jun 22 Sale 40 units
-The cost of goods sold for the June 10 sale is

• A) $545.60.
• B) $549.96.
• C) $550.00.
• D) $557.75.