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The inventory data for an item for June are: June 1 Inventory 100 units at $24 June 5 Sold 25 units June 8 Purchased 200
The inventory data for an item for June are: June 1 Inventory 100 units at $24 June 5 Sold 25 units June 8 Purchased 200 units at $27 June 19 Sold 140 units June 29 Purchased 75 units at $30 Using a perpetual system, what is the cost of goods sold for June if the company used the weighted average method? $4,265 $5,634 $4,380 $5,670
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