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Inventory records for Ruth Corp. revealed the following: Number Unit Transaction Total Cost of Units Cost Sept. 1 Beginning inventory 20 $2.00 $40 Sept. 10

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Inventory records for Ruth Corp. revealed the following: Number Unit Transaction Total Cost of Units Cost Sept. 1 Beginning inventory 20 $2.00 $40 Sept. 10 Purchase 15 3.00 45 Sept. 23 Purchase 15 6.00 90 Ruth Corp. sold 30 units of inventory on September 25. Use the weighted-average cost method for inventory accounting and round weighted-average unit cost to four decimals, if necessary. What amount would Ruth Corp. record as cost of goods sold? O $73 O $70 O $110 $105

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