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This Question: 1 pt 14 of 44 This Test: 44 pts possible Cougar, Inc. had the following balances and transactions during 2025: Beginning Merchandise Inventory
This Question: 1 pt 14 of 44 This Test: 44 pts possible Cougar, Inc. had the following balances and transactions during 2025: Beginning Merchandise Inventory March 10 June 10 October 30 150 units at $80 Sold 50 units Purchased 300 units at $82 Sold 150 units What would be reported as Cost of Goods Sold on the income statement for the year ending December 31, 2025 if the perpetual inventory system and the weighted average inventory costing method are used? (Round the unit costs to two decimal places and total costs to the nearest dollar.) O A. $12,225 OB. $32,600 O C. $20,375 D. $16,225 Click to select your answer. ? Save for Later
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