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Current Attempt in Progress Sheffield Company uses the perpetual inventory system and the moving - average method to value inventories. On August 1 , there

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Current Attempt in Progress
Sheffield Company uses the perpetual inventory system and the moving-average method to value inventories. On August 1, there were 10000 units valued at $25000 in the beginning inventory. On August 10,15000 units were purchased for $6.00 per unit. On August 15,20000 units were sold for $12 per unit. The amount charged to cost of goods sold on August 15 was
$90000
$102000
$25000
$92000
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