Use the following information for the month of June for questions.
XYZ Inc. uses the average cost formula in a perpetual inventory system.
(Use unrounded numbers in your calculations but round to the nearest cent for presentation purposes in your answer.) Jun 22 Sale 40 units
-Total cost of goods sold for the month of June is
A) $2,914.65.
B) $2,934.96.
C) $2,946.24.
D) $2,994.80.

Question

Use the following information for the month of June for questions.
XYZ Inc. uses the average cost formula in a perpetual inventory system.
(Use unrounded numbers in your calculations but round to the nearest cent for presentation purposes in your answer.)  Jun 22 Sale 40 units
-Total cost of goods sold for the month of June is
A) $2,914.65. 
B) $2,934.96. 
C) $2,946.24. 
D) $2,994.80.

Quizplus · Accepted Answer

The Answer of Use the following information for the month of June for questions.
XYZ Inc. uses the average cost formula in a perpetual inventory system.
(Use unrounded numbers in your calculations but round to the nearest cent for presentation purposes in your answer.)  Jun 22 Sale 40 units
-Total cost of goods sold for the month of June is
A) $2,914.65. 
B) $2,934.96. 
C) $2,946.24. 
D) $2,994.80.

Use the Following Information for the Month of June for Questions