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Question 3 --12 View Policies Current Attempt in Progress Marigold Inc. uses the perpetual inventory system and the weighted average cost formula to value inventories.

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Question 3 --12 View Policies Current Attempt in Progress Marigold Inc. uses the perpetual inventory system and the weighted average cost formula to value inventories. On August 1, there were 6000 units valued at $14400 in the beginning inventory. On August 10, 10000 units were purchased for $8 per unit. On August 15, 8000 units were sold for $11 per unit. The amount charged to cost of goods on August 15 was $30400. $47200 $64000 $34400 Save for Later Attempts: 0 of 1 used Submit

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