Addison, Inc. uses a perpetual inventory system. Below is information about one inventory item for the month of September.
-Use the information in the table to answer this question. Using a perpetual system, what is the cost of the goods sold for November if the company uses the weighted average cost method?
A)$610
B)$585
C)$590
D)$575

Question

Addison, Inc. uses a perpetual inventory system. Below is information about one inventory item for the month of September. 
-Use the information in the table to answer this question. Using a perpetual system, what is the cost of the goods sold for November if the company uses the weighted average cost method?
A)$610 
B)$585 
C)$590 
D)$575

Quizplus · Accepted Answer

The Answer of Addison, Inc. uses a perpetual inventory system. Below is information about one inventory item for the month of September. 
-Use the information in the table to answer this question. Using a perpetual system, what is the cost of the goods sold for November if the company uses the weighted average cost method?
A)$610 
B)$585 
C)$590 
D)$575