The following amounts and costs of platters were available for sale by Sierra Pottery during the year:

Sierra Pottery has 35 platters on hand at the end of the year. How much is cost of goods sold in dollars at the end of the year according to the weighted-average cost method?
A) $4,960
B) $1,860
C) $2,790
D) $1,732.50

Question

The following amounts and costs of platters were available for sale by Sierra Pottery during the year:
 
Sierra Pottery has 35 platters on hand at the end of the year. How much is cost of goods sold in dollars at the end of the year according to the weighted-average cost method?
A) $4,960 
B) $1,860 
C) $2,790 
D) $1,732.50

Quizplus · Accepted Answer

The Answer of The following amounts and costs of platters were available for sale by Sierra Pottery during the year:
 
Sierra Pottery has 35 platters on hand at the end of the year. How much is cost of goods sold in dollars at the end of the year according to the weighted-average cost method?
A) $4,960 
B) $1,860 
C) $2,790 
D) $1,732.50

The Following Amounts and Costs of Platters Were Available for Sale