Use this inventory information for the month of May to answer the following questions. Assuming that a perpetual inventory system is used.
-What is cost of goods sold (rounded)under the average-cost method?
A)$5,620
B)$6,420
C)$10,380
D)$12,040

Question

Use this inventory information for the month of May to answer the following questions.  Assuming that a perpetual inventory system is used.
-What is cost of goods sold (rounded)under the average-cost method?
A)$5,620 
B)$6,420 
C)$10,380 
D)$12,040

Quizplus · Accepted Answer

The Answer of Use this inventory information for the month of May to answer the following questions.  Assuming that a perpetual inventory system is used.
-What is cost of goods sold (rounded)under the average-cost method?
A)$5,620 
B)$6,420 
C)$10,380 
D)$12,040

Use This Inventory Information for the Month of May to Answer