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What was the firm cost of sales in July

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Question - On 1 July an electronic retailer had 84 televisions in stock. Of these, 19 were purchased in March for $56 each, 24 were purchased in April for $59 each, 24 were purchased in May for $66 each and 17 were purchased in June for $69 each. The firm sold 55 televisions in July. What was the firm's cost of sales in July if the firm uses weighted average cost to establish the cost of sales?

a. $3272.00

b. $3422.92

c. $3428.99

d. $3583.00

Reference no: EM132623345

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