Use the information that follows concerning Cinci Corporation to answer problems
Cinci Company began business on March 1. During March, Cinci made the following purchases.
$\begin{array}{ll}
\text { March 1: } & 100 \text { units @ } \$ 8 &\$800\
\text { March 6: } & 200 \text { units @ } \$ 10&2,000 \
\text { March sales. } & 24 \text { units }
\end{array}$

-Calculate cost of goods sold during March under the Average cost flow assumption.

Question

Use the information that follows concerning Cinci Corporation to answer problems 
Cinci Company began business on March 1. During March, Cinci made the following purchases.
 $\begin{array}{ll}
\text { March 1: } & 100 \text { units @ } \$ 8 &\$800\
\text { March 6: } & 200 \text { units @ } \$ 10&2,000 \
\text { March sales. } & 24 \text { units }
\end{array}$

-Calculate cost of goods sold during March under the Average cost flow assumption.

Quizplus · Accepted Answer

The Answer of Use the information that follows concerning Cinci Corporation to answer problems 
Cinci Company began business on March 1. During March, Cinci made the following purchases.
 $\begin{array}{ll}
\text { March 1: } & 100 \text { units @ } \$ 8 &\$800\
\text { March 6: } & 200 \text { units @ } \$ 10&2,000 \
\text { March sales. } & 24 \text { units }
\end{array}$

-Calculate cost of goods sold during March under the Average cost flow assumption.

Use the Information That Follows Concerning Cinci Corporation to Answer