Share,Inc
the Following Data Is Available for One of the Products

question 215

Essay

Share,Inc.
The following data is available for one of the products sold by Share,Inc. ,which uses a perpetual inventory system.
May 1 $\quad$ On hand, 10 units $@ \$ 2$ each
8 $\quad$ Sold 6 units@$10 each
14 $\quad$ Purchased 30 units $@ \$ 3$ each
23 $\quad$ Sold 24 units $@ \$ 10$ each

-Refer to the data for Share,Inc.
If the moving average method is used,how much is cost of goods sold for May?

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