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Marquis Company uses a weighted-average perpetual inventory system. August 2, 24 units were purchased at $5 per unit. August 18, 29 units were purchased at
Marquis Company uses a weighted-average perpetual inventory system. |
August 2, | 24 units were purchased at $5 per unit. |
August 18, | 29 units were purchased at $7 per unit. |
August 29, | 26 units were sold. |
What is the amount of the cost of goods sold for this sale? |
A.) $203.00
B.) $158.45
C.) $134.00
D.) $136.50
E.) $323.00
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