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Marquis Company uses a weighted-average perpetual inventory system and has the following purchases and sales: August 210 units were purchased at $12 per unit.August 1815
Marquis Company uses a weighted-average perpetual inventory system and has the following purchases and sales:
August 210 units were purchased at $12 per unit.August 1815 units were purchased at $14 per unit.August 2912 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.)
- A. $210.00
- B. $148.00
- C. $158.40
- D. $150.50
- E. $330.00
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