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Diligent Ltd Had 5 Units of the Commodity Algo on Hand

question 40

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Diligent Ltd had 5 units of the commodity Algo on hand at 1 September 2016. The following purchases and sales were made during September:
Diligent Ltd had 5 units of the commodity Algo on hand at 1 September 2016. The following purchases and sales were made during September:   What was the value of cost of goods sold of Algo, using the moving weighted average assumption and a perpetual inventory system? A)  $2640 B)  $2700 C)  $2720 D)  $3180
What was the value of cost of goods sold of Algo, using the moving weighted average assumption and a perpetual inventory system?


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