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During July, the following purchases and sales were made by Martine Company. There was no beginning inventory. Martine Company uses a perpetual inventory system.

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During July, the following purchases and sales were made by Martine Company. There was no beginning inventory. Martine Company uses a perpetual inventory system. Accounting Transactions Date Purchases Date Sales July 3 50 units @ $10 July 13 78 units 11 50 units @ $11 22 21 units 20 21 units @ $13 Under the weighted-average method, the cost of goods sold for the sale is: (Hint: Make sure to list all transactions in chronological order.) . Make sure to round weighted-average per unit to 3 decimal places such as 1.359 and final answer to 0 decimal places such as 2,350. $1,089 $1,131 O $1,065 $1,323 $1,122

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