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Consider the following: March 15 current year: Linsay bought 80 bags of mulch for $640.00 April 20 current year: Linsay bought 75 bags of mulch

Consider the following:

  • March 15 current year: Linsay bought 80 bags of mulch for $640.00
  • April 20 current year: Linsay bought 75 bags of mulch for $618.75
  • June 12 current year: Linsay sold 125 bags of mulch to Woody's Weeds-Be-Gone Inc.
What is the debit entry to cost of goods sold when Linsay records the sale to Woody's Weeds-Be-Gone?

  • $1,000.00
  • $1,011.25
  • $1,015.12
  • $1,031.25

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