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Beech Soda, Inc. uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases dunng the month or January were
Beech Soda, Inc. uses a perpetual inventory system. The company's beginning inventory of a particular product and its purchases dunng the month or January were as follows 53 Quantity unit Cost 5 448 Beginning inventory (Jan. 1) Purchase (an. 11) Purchase (Jan. 20) Total Part 3 of 5 s 26 o s.as 00:5502 On January 14, Beech Soda, Inc. sold 34 units of this product. The other 41 units remained In Inventory at Janusry 31 Assuming that Beech Soda uses the average cost flow assumption, the cost of goods sold to be recorded at January 14 Is (Round your intermediate celculetion to one decimal place and final answer to the nearest cent). Multiple Choice $1.88200 $778.60 $853.17 $94014
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