Berring Sales Uses the Average-Cost Method

question 48

Multiple Choice

Berring Sales uses the average-cost method. The partially completed inventory record for January appears below. On January 14, the company sold 10 units. On January 29, the company sold 50 units. Complete the inventory record and calculate the Cost of goods sold for the month of January. (Please round to the nearest whole dollar.)

• A)$243
• B)$249
• C)$230
• D)$228

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