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Purchases and sales of Bright Star Company are as follows. The company uses a weighted-average perpetual inventory system August 2 August 18 August 29 24

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Purchases and sales of Bright Star Company are as follows. The company uses a weighted-average perpetual inventory system August 2 August 18 August 29 24 units were purchased at $5 per unit. 29 units were purchased at $7 per unit. 26 units were sold. Calculate the amount of the cost of goods sold for this sale. (Round average cost per unit to 2 decimal places.) Multiple Choice $32300 $136.50 $13400 $203.00 Multiple Choice $323.00 $135.50 $134.00 $203.00 $158.34

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