The following information is for XYZ Company for the month ended October 31^st, 2014:

Date	Description	Units	Unit cost or selling price
October 1	Beginning Inventory	60	$ 25
October 9	Purchase	120	26
October 11	Sale	100	35
October 17	Purchase	70	27
October 22	Sale	60	40
October 25	Purchase	80	28
October 29	Sale	150	40

Assuming that all purchase and sales transaction are on credit, the multiple-Choice questions related to this case are based on:

A. FIFO method and WAC method under perpetual System.

B. WAC method under periodic System.

Using WAC under periodic system, the total COGS reported at the end of October is:

a.

$8,215

b.

$4090

c.

$8,750

d.

$11,900

Using WAC method under perpetual system, the total COGS reported at the end of October will be:

a.

$8,213

b.

$4,620

c.

$4,065

d.

$8,750

Using WAC method under perpetual system, the company record the COGS of October 11 at:

a.

$2,570

b.

None of the given options

c.

$4,620

d.

$2,600