Tully Sales Uses a Periodic Inventory System with the Weighted

question 10

Multiple Choice

Tully Sales uses a periodic inventory system with the weighted average method of cost assignment. The following data are available.

The cost of sales for January is: (calculate your answer to the nearest whole dollar) .

• A) $7 000
• B) $8 000
• C) $9 800
• D) $15 400

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Definitions:

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