ABC Co. uses a perpetual inventory system and uses the weighted average cost flow assumption. During the month, it had two sales. Calculate the dollar value of its cost of goods sold for the first sale

asked Aug 6, 2023 14.1k views

3 votes

7.2k points

Please log in or register to add a comment.

8 votes

Answer:$151.80

Step-by-step explanation:

Allan Ruin answered Aug 8, 2023

8.1k points

3 votes

Answer:$151.80

Explanation:($96+$180)/20 units = $13.80 ave × 11 Units = $151.80

Headuck answered Aug 12, 2023

7.6k points

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

8.3m questions

11.0m answers