Inventory records for Eliza Company revealed the following Number of Units 1,060 560 860 510 Date March 1 Beginning Inventory March 10 Purchase March 16 Purchase March 23 Purchase Multiple Choice Eliza sold 2.200 units of inventory during the month. What is the cost of goods sold assuming weighted-average cost? (Round the weighted average unit cost to 4 decimals if necessary and round your final answer to nearest whole dollar.) O Transaction. O $16.258 $16.165 $10.000 Unit Cost $7.13 7.30 7.45 7.68 $15.000
Inventory records for Eliza Company revealed the following Number of Units 1,060 560 860 510 Date March 1 Beginning Inventory March 10 Purchase March 16 Purchase March 23 Purchase Multiple Choice Eliza sold 2.200 units of inventory during the month. What is the cost of goods sold assuming weighted-average cost? (Round the weighted average unit cost to 4 decimals if necessary and round your final answer to nearest whole dollar.) O Transaction. O $16.258 $16.165 $10.000 Unit Cost $7.13 7.30 7.45 7.68 $15.000
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter5: Inventories And Cost Of Goods Sold
Section: Chapter Questions
Problem 5.12AMCP
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