19. Marquis Company uses a weighted-average perpetual inventory system. 10 units at $4.00 per unit anuary anuary anuary anuary units at per unit units at per unit units at S12.00 per unit What is the value of cost of goods sold? (Round weighted average costs per unit to 2 decimal places.) A) S23.35 B) S24.00 C) $40.00 D) S59.00. E) $25.00 20. Monarch Company uses a weighted-average perpetual inventory system, and has the following purchases and sales: at S10 per unit. anuary anuary anuary units were units were 18 units were at SI1 per unit What is the value of ending inventory? (Round average cost per unit to 2 decimal places, and final answer to the nearest dollar.) A) S272. B) S120. C) $278. D) S398 E) S126. 21. If a period-end inventory amount is reported in error, it can cause a misstatement in all of the following except: A) Cost of goods sold. B) Gross profit. C) Net sales. D) Current assets. E) Net income Page 6 of 9