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Marigold Company uses the perpetual inventory system and the moving average method to value inventories, On August 1 , there were 14000 units valued at
Marigold Company uses the perpetual inventory system and the moving average method to value inventories, On August 1 , there were 14000 units valued at $30000 in the beginning inventory. On August 10,22000 units were purchased for $6.00 per unit. On August 15, 31000 units were sold for $12 per unit. The amount charged to cost of goods sold on August 15 was $132000$139500$153500$30000
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