the following information relates to inventory for Shoeless Joe Incorporated. Date March 1 March 7 March 11 March 12 Transaction Beginning Inventory Purchase Multiple Choice Sale Purchase Quantity 20 15 30 15 Price $2 3 7 6 At what amount would Shoeless report cost of goods sold using the weighted-average cost flow assumption with a periodic inventory system?

The folfowing information relates to inventory for Shoeless Joe incorporated: \begin{tabular}{clcc} Mate & Transaction & Quantity & Price \\ March 1 & Beginning Inventory & 20 & $2 \\ March 7 & Purchase & 15 & 3 \\ March 11 & Sale & 30 & 7 \\ March 12 & Purchase & 15 & 6 \end{tabular} At what amount would Shoeless report cost of goods sold using the weighted-average cost flow assumption with a periodic inventory system? Mutiple Choice