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Maxim Corp. has provided the following information about one of its products: Date 1/1 6/5 11/10 Transaction Beginning Inventory Purchase Purchase Number of Units 285

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Maxim Corp. has provided the following information about one of its products: Date 1/1 6/5 11/10 Transaction Beginning Inventory Purchase Purchase Number of Units 285 485 185 Cost per Unit $157 $177 $217 During the year, Maxim sold 570 units. What is cost of goods sold using the average cost method? (Do not round Intermediate computations.) Multiple Choice $76,145 $103,905 $74,145 $101,905

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