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Question - ?Cougar, Inc. had the following balances and transactions during? 2025:
Beginning Merchandise Inventory 140 units at $81
March 10 Sold 70 units
June 10 Purchased 280 units at $83
October 30 Sold 140 units
What would be reported as Cost of Goods Sold on the income statement for the year ending December? 31, 2025 if the perpetual inventory system and the weighted-average inventory costing method are? used?
a. 11,564
b. 28,910
c. 17,234
d. 17,346
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