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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
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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 made on Jan. 10.

User Chaserb
by
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2 Answers

8 votes

Answer:$151.80

Step-by-step explanation:

User Allan Ruin
by
8.9k points
3 votes

Answer:$151.80

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

User Headuck
by
8.5k points
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