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Aunt Connie Corp had the following Inventory. Aunt Connie Corp makes one sale of 200 units on December 23rd and uses the Weighted Average method
Aunt Connie Corp had the following Inventory. Aunt Connie Corp makes one sale of 200 units on December 23rd and uses the Weighted Average method to account for inventory. What is the cost of Goods Sold in December? What is the Ending Inventory in December? Date Transaction Units Cost Total Cost Jan 1 Beg. Inventory 100 $45 $4500 Jan 10 Purchase 150 $40 $6000 O A. Cost of Good Sold $8,500: Ending Inventory $2,000 O B. Cost of Good Sold 58,250: Ending Inventory $2,250 OC. Cost of Good Sold 54,500: Ending Inventory $6,000 OD. Cost of Good Sold 58,400: Ending Inventory $2,100
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