In March,BetterBuy purchases six plasma TVs from Toshiba for $1,500 each (serial numbers 11534892 through 11534897) .In April,the company purchases four more identical TVs from Toshiba for $1,450 each (serial numbers 11542631 through 11542634) .In May,the company purchases five more identical TVs for $1,600 each (serial numbers 11550964 through 11550968) .In June,BetterBuy sells two of these TVs (serial numbers 11534894 and 11542631) . If BetterBuy uses the weighted average method,its cost of goods sold will be:
A) $2,900.
B) $2,950.
C) $3,040.
D) $3,033.
Correct Answer:
Verified
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