Sterling Supply uses a periodic inventory system.Sterling Supply sold 25 globes during March.Other data for March includes:
$$\begin{array} { | c | l | c | }
\hline \text { Mar. 1 } & \text { Balance } & 30 @ \$ 12 \
\hline 11 & \text { Purchased } & 20 @ \$ 15 \
\hline 25 & \text { Purchased } & 10 @ \$ 10 \
\hline
\end{array}$$
Round per unit cost to two decimal places.Cost of goods sold under the weighted-average method is:

Question

Sterling Supply uses a periodic inventory system.Sterling Supply sold 25 globes during March.Other data for March includes:
$$\begin{array} { | c | l | c | } 
\hline \text { Mar. 1 } & \text { Balance } & 30 @ \$ 12 \
\hline 11 & \text { Purchased } & 20 @ \$ 15 \
\hline 25 & \text { Purchased } & 10 @ \$ 10 \
\hline
\end{array}$$
Round per unit cost to two decimal places.Cost of goods sold under the weighted-average method is:

Quizplus · Accepted Answer

The Answer of Sterling Supply uses a periodic inventory system.Sterling Supply sold 25 globes during March.Other data for March includes:
$$\begin{array} { | c | l | c | } 
\hline \text { Mar. 1 } & \text { Balance } & 30 @ \$ 12 \
\hline 11 & \text { Purchased } & 20 @ \$ 15 \
\hline 25 & \text { Purchased } & 10 @ \$ 10 \
\hline
\end{array}$$
Round per unit cost to two decimal places.Cost of goods sold under the weighted-average method is:

Sterling Supply Uses a Periodic Inventory System Round Per Unit Cost to Two Decimal Places