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What is the amount of the cost of goods sold for sale

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Reference no: EM132533782

Question - Marquis Company uses a weighted-average perpetual inventory system and has the following purchases and sales:

August 2 - 16 units were purchased at $7 per unit.

August 18 - 21 units were purchased at $9 per unit.

August 29 - 18 units were sold.

Required - What is the amount of the cost of goods sold for this sale?

A) $132.50

B) $146.52

C) $130.00

D) $189.00

E) $301.00

Reference no: EM132533782

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