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What is the cost of goods sold on this sale

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Question - Barnes' Software purchases 10 units of microchips for $10, 50 units for $15 each, and 20 units for $20 each on March 1, 13, and 20, respectively. Assuming the company uses the weighted average cost formula under a perpetual system, if Barnes' sells 25 microchips on March 18 what is the cost of goods sold on this sale?

a. $390.75

b. $354.25

c. $325.00

d. $475.00

Reference no: EM133052659

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