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Portey Company Portey uses a perpetual inventory system and had the following inventory transactions for the month of June. June 1 On hand, 100 units

Portey Company Portey uses a perpetual inventory system and had the following inventory transactions for the month of June. June 1 On hand, 100 units at $9.00 each $900.00 4 Purchased 120 units at $9.10 each 1,092.00 5 Sold 150 units 10 Purchased 100 units at $9.50 each 950.00 24 Sold 60 units Total cost of goods available for sale 2,942.00 30 On hand, 110 units Refer to the information provided for Portey. If Portey uses the moving average inventory costing method, cost of goods sold for the month of June is: a. $1,935.00. b. $1,930.69. c. $1,901.00. d. $1,917.18.

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