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.) 
Jun 22 Sale 40 units
-The cost of goods sold for the June 10 sale is
A) $545.60.
B) $549.96.
C) $550.00.
D) $557.75.
Correct Answer:
Verified
Correct Answer:
Verified
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