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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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9 votes
9 votes
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 Andreas F
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2 Answers

22 votes
22 votes

Answer:$151.80

Step-by-step explanation:

User Ramon Marques
by
3.1k points
10 votes
10 votes

Answer:$151.80

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

User Irruputuncu
by
2.8k points
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