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The following transactions took place in October for Roland Corporation. The opening inventory was zero. October 5th purchased 42 units for $131 each October 7th
The following transactions took place in October for Roland Corporation. The opening inventory was zero.
October 5th | purchased 42 units for $131 each |
October 7th | purchased 167 units for $103 each |
October 8th | sold 88 units |
Under a periodic weighted average system, what is the cost of goods sold for October?
Select one:
a. $11528.00
b. $9559.16
c. $10240.00
d. $9064.00
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