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Rocky Paints uses the perpetual system in the company and calculate cost using Weighted Average, here is the list of transactions for the month
Rocky Paints uses the perpetual system in the company and calculate cost using Weighted Average, here is the list of transactions for the month of January. Jan 01: Purchased 5,000 boxes at $20 per unit Jan 05: Purchased 3,000 boxes at $30 per unit Jan 10: Sold 6,200 boxes at $40 per unit What is the total sale price and cost of goods sold for sale of, boxes on Jan 10? Sale $248,000 and COGS $147,250 Sale 147,250 and COGS $147,250 Sale $248,000 and COGS $124,000 (D) Sale $248,000 and COGS $186,00
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