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Question 3 Not yet answered Marked out of 1.00 Flag question Question text The information below is for Agents Pty. Ltd., which uses the periodic

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Question 3 Not yet answered Marked out of 1.00 Flag question Question text The information below is for Agents Pty. Ltd., which uses the periodic inventory system: Details Date Values Cost Opening inventory 1/7/17 100 units @ $7.50 $750 Purchase 4/7/17 600 units @ $7.75 $4,650 Purchase 16/7/17 300 units @ $8.00 $2,400 Purchase 27/7/17 400 units @ $8.50 $3,400 Total 1,400 units $11,200 Sale 6/7/17 160 units Sale 12/7/17 180 units Sale 19/7/17 160 units Sale 22/7/17 120 units Sale 29/7/17 180 units Total 800 units Closing inventory per 600 units stocktake The Cost of Goods Sold using the Weighted Average valuation method is: Select one: a. $11,200 b. $6,400 c. $4,800 d. $6,100

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