Consider the Following Inventory Transactions for September For the Month of September,the Company Sold 35 Units

question 30

Multiple Choice

Consider the following inventory transactions for September:
$\begin{array}{lll}\text { Beginning inventory } & 15 \text { units @ \$3.00 } \\\text { Purchase on September 12 } & 20 \text { units @ \$3.50 } \\\text { Purchased on September 23 } & 10 \text { units @ \$4.00 }\end{array}$
For the month of September,the company sold 35 units.What is the cost of good sold under the weighted-average cost method (round the weighted-average unit cost to four decimals if necessary) ?

• A)$121.
• B)$116.
• C)$124.
• D)$131.

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