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Marquis Company uses a weighted average perpetual inventory system and has the following purchases and sales: August 2 August 18 August 29 24 units were
Marquis Company uses a weighted average perpetual inventory system and has the following purchases and sales: August 2 August 18 August 29 24 units were purchased at $5 per unit. 29 units were purchased at $7 per unit. 26 units were sold. 40 What is the amount of the cost of goods sold for this sale? (Round average cost per unit to 2 decimal places.) Multiple Choice $323.00 $134.00 $158.34 $136.50 S203.00
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