Given the Following Data, Calculate the Cost of Goods Sold

question 10

Multiple Choice

Given the following data, calculate the cost of goods sold for the 04/15 sale using the weighted-average method for a perpetual inventory system, rounding to the nearest dollar. (Do not round in the process of your calculations, only round your final answer.)

• A) $200
• B) $230
• C) $280
• D) $600

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Definitions:

Aprotic Solvents

Solvents that lack an acidic hydrogen, meaning they cannot donate protons, and are typically used in organic synthesis.

3-Iodo-3-ethylpentane

An organic compound featuring an iodine atom on the third carbon of a pentane chain, which also has an ethyl group attached to the same carbon.

Sodium Methoxide

A strong base used in organic synthesis, prepared by reacting sodium with methanol.

Methanol

A simple alcohol compound, used as a solvent, fuel, and antifreeze, characterized by one hydroxyl group attached to a methyl group.