Sandhill Compary recorded $3480000 in credit sales and prepared the following aging schedule for its $740000 in Accounts Receivable: The balance in its allowance for expected credit losses before year-end adjustments is a $2150 credit. The credit losses for the year were $25090$27240$34800$22940 A company has the following inventory activity during June: If the company is using a weighted-average cost formula and a periodic system, what is thec $39700$39898$38708$39501 Flint Company has a normal markup of 23%. Its cost-to-sales ratio is 81.3% 59.4% Cannot be calculated. 77%. Sarasota Industries has the following activity with one of its inventory items during the current period: Using a perpetual irventory system and the weighted-average cost formula, the cost of goods sold for the December 11 sale was closest to 5509. 5378. 5407. $352 A company has the following inventory activity during June: If the company is using a weighted-average cost formula and a periodic system. what is the cost of goods sold closest to? $39700$39898$38708$39501