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A company has the following inventory information and uses the periodic system: The company uses the weighted - average method of inventory costing. What is
A company has the following inventory information and uses the periodic system: The company uses the weighted - average method of inventory costing. What is the cost of goods sold and the ending merchandise inventory? A. COGS $63.90; Merchandise Inventory $71.00 B. COGS $150.00; Merchandise Inventory $135.00 C. COGS $71.00; Merchandise Inventory $63.90 D. COGS $135.00 : Merchandise Inventory $150.00
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