A company had the following purchases and sales during its first month of operations: Using the perpetual weighted average method,what is the value of cost of goods sold? (Round weighted average costs per unit to 2 decimal places.)
A)$40.00.
B)$59.00.
C)$25.00.
D)$24.00.
E)$23.35.

Question

A company had the following purchases and sales during its first month of operations:  Using the perpetual weighted average method,what is the value of cost of goods sold? (Round weighted average costs per unit to 2 decimal places.)
A)$40.00. 
B)$59.00. 
C)$25.00. 
D)$24.00. 
E)$23.35.

Quizplus · Accepted Answer

The Answer of A company had the following purchases and sales during its first month of operations:  Using the perpetual weighted average method,what is the value of cost of goods sold? (Round weighted average costs per unit to 2 decimal places.)
A)$40.00. 
B)$59.00. 
C)$25.00. 
D)$24.00. 
E)$23.35.

A Company Had the Following Purchases and Sales During Its