Use the Following Information for the Month of June for Questions

Multiple Choice

Use the following information for the month of June for questions
XYZ Inc.uses the average cost formula in a perpetual inventory system.
(Use unrounded numbers in your calculations but round to the nearest cent for presentation purposes in your answer.)

-The cost of goods sold for the June 8 sale is

A) $1,480.00.
B) $1,505.00.
C) $1,527.68.
D) $1,540.00.