Given the Following Information,determine the Cost of Goods Sold at December

question 61

Multiple Choice

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.

• A)$282.15
• B)$332.10
• C)$284.70
• D)$290.70
• E)$210.30

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Definitions:

Mediate

To intervene in a dispute in order to resolve it or bring about a settlement.

Personality Theory

A framework for analyzing and categorizing the psychological characteristics and behaviors that make each person unique.

Id

A component of Sigmund Freud's psychoanalytic theory, representing the instinctual drives and the source of psychic energy, operating according to the pleasure principle.

Superego

is a part of the personality in Freud's psychoanalytic theory, representing moral standards and ideals acquired from parents and society.