Accounting MCQ Accounting For the month of September, the company sold 35 units. What is cost of goods sold under the weighted-average cost method? (Round weighted-average unit cost to 4 decimals)

For the month of September, the company sold 35 units. What is cost of goods sold under the weighted-average cost method? (Round weighted-average unit cost to 4 decimals)

Naim 12:35 Accounting

Consider the following inventory transactions for September:

Beginning inventory 15 units @ $ 3.00

Purchase on September 12 20 units @ $ 3.50

Purchased on September 23 10 units @ $ 4.00

For the month of September, the company sold 35 units. What is cost of goods sold under the weighted-average cost method? (Round weighted-average unit cost to 4 decimals)

A) $121.

B) $116.

C) $124.

D) $131.

Answer: A

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