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Marquis Company uses a welghted-average perpetual Inventory system and has the following purchases and sales: Units Sold at Retail Date August 2 August 18 August

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Marquis Company uses a welghted-average perpetual Inventory system and has the following purchases and sales: Units Sold at Retail Date August 2 August 18 August 29 Activities Purchase Purchase Sales Units Acquired at Cost 10 units @ $20 = $200 15 units @ $22 = $330 12 units 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 $244.00 $150.50 $530,00 $330.00 $254 40 A company has net sales of $389,400 and its gross profit is $163,900. Its cost of goods sold is: Multiple Choice $389,400. $163,900 $225,500 $553,300 $203,400

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