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Calculator Klump Co. Klump Co. uses a perpetual inventory system and had the following inventory transactions for the month of June. June 1 $2,093.00 5

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Calculator Klump Co. Klump Co. uses a perpetual inventory system and had the following inventory transactions for the month of June. June 1 $2,093.00 5 10 On hand, 50 units at $18.00 each Purchased 115 units at $18.20 each Sold 100 units Purchased 75 units at $18.25 each Sold 50 units Total cost of goods available for sale On hand, 90 units $1,368.75 $4,361.75 Refer to the information provided for klump Co. If the company uses the moving) Average Cost inventory costing method, cost of goods sold for the month of June is: a. $2,723.87 b. $909.93 c. $1,813.94 d. $1,637.88 Previous Next

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