Lux Company uses a periodic inventory system.The company started the month with 20 lamps in its beginning inventory that cost $30 each.During the month,Lux purchased 80 additional lamps for $31 each.At the end of the month,Lux counted its inventory and found that 25 lamps remained unsold.If Lux uses the weighted average cost method,its cost of goods sold for the month is:
A)$2,287.50.
B)$770.00.
C)$2,305.00.
D)$2,310.00.

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The Answer of Lux Company uses a periodic inventory system.The company started the month with 20 lamps in its beginning inventory that cost $30 each.During the month,Lux purchased 80 additional lamps for $31 each.At the end of the month,Lux counted its inventory and found that 25 lamps remained unsold.If Lux uses the weighted average cost method,its cost of goods sold for the month is:
A)$2,287.50.
B)$770.00.
C)$2,305.00.
D)$2,310.00.

Lux Company Uses a Periodic Inventory System