Choose right answer only:

A company has the following goods:

March 1 (initial stock): 300 units at $9 each

March 4 (purchase): 200 units at $10 each

On March 5, it sold 400 units for $17 each. The weighted average unit cost to be used to calculate the cost of goods sold on March 5, in a perpetual inventory system, is as follows Question options:

$9

$17

$9.6

$9.4

2)

Of the following, how many items are wrong.

When the company prepays insurance expenses, the accounting equation is modified as follows:

Total liabilities increase

Total assets decrease

No change in total assets Question options:

1

3

0

2