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10. Consider the following inventory transactions for September: Beginning inventory Purchase on September 12 Purchased on September 23 15 units @ $6.00 20 units
10. Consider the following inventory transactions for September: Beginning inventory Purchase on September 12 Purchased on September 23 15 units @ $6.00 20 units @ $7.00 10 units @ $8.00 For the month of September, the company sold 35 units. What is cost of goods sold under the weighted-average cost method (round the weighted-average unit cost to four decimals and final answer to the nearest whole dollar)? A. $241. B. $231. C. $247. D. $261
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Introduction to Financial Accounting
Authors: Charles Horngren, Gary Sundem, John Elliott, Donna Philbrick
11th edition
978-0133251111, 013325111X, 0133251039, 978-0133251036
