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Cougar, Inc. had the following balances and transactions during 2025: Beginning Merchandise Inventory 150 units at $83 March 10 Sold 50 units June 10 Purchased
Cougar, Inc. had the following balances and transactions during 2025:
Beginning Merchandise Inventory | 150 units at $83 |
March 10 | Sold 50 units |
June 10 | Purchased 300 units at $85 |
October 30 | Sold 110 units |
What would be reported as Cost of Goods Sold on the income statement for the year ending December 31, 2025 if the perpetual inventory system and the
weightedaverage
inventory costing method are used? (Round the unit costs to two decimal places and total costs to the nearest dollar.)
Question content area bottom
Part 1
A.$ 33 comma 800
$33,800
B.$ 24 comma 505
$24,505
C.$ 9 comma 295
$9,295
D.$ 13 comma 445
$13,445
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