Item10

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Item 10

Marquis Company uses a weighted-average perpetual inventory system and has the following purchases and sales:

August 2	17 units were purchased at $8 per unit.
August 18	22 units were purchased at $10 per unit.
August 29	19 units were sold.

What is the amount of the cost of goods sold for this sale? (Round average cost per unit to 2 decimal places.)

Multiple Choice

• $158.50

• $173.47

• $220.00

• $156.0