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O e. none of the options. O a. on a multiple-step statement of income. O d. on either a multiple-step or a single-step statement of
O e. none of the options. O a. on a multiple-step statement of income. O d. on either a multiple-step or a single-step statement of income. Question 11 (1 point) Question 17) A company just starting in business purchased three merchandise inventory items at the following prices. March 2, $150; March 7, $160; and March 15, $180. If the company sold two units for $250 each on March 10 and March 20, and used the FIFO cost formula in a perpetual inventory system, the cost of goods sold for March would be a. $320 d. $330. c. $340 e. $310. b. $300 Question 12 (1 point) Question 20) A company just starting a business purchased three inventory items at the following prices: March 2, $150; March 7. $160; and March 15, $180. If the company sold one unit for $230 on March 10 and one unit for $250 on March 20 and uses the average cost formula in a perpetual inventory system, what is the cost of goods sold for March
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