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36) Watson Electrical Supplies Company had following transactions for the month of January: Jan. Beginning inventory 4 units at $160 each 10 Purchase 5 units
36) Watson Electrical Supplies Company had following transactions for the month of January: Jan. Beginning inventory 4 units at $160 each 10 Purchase 5 units at $165 each 12 Sold 5 units at $230 each 15 Purchase 10 units at $170 each 22 Sold 8 units at $230 each Based on moving-weighted-average costing method, what is the cost of goods sold reported on the Income Statement for the month ended January 31? Assume that the company uses a perpetual inventory system. (Round to two decimal places) A) $813.89 B) $2, 157.38 C) $1,343.49 D) $2,990.00
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