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
-Total cost of goods sold for the month of June is
A) $2,914.65.
B) $2,934.96.
C) $2,946.24.
D) $2,994.80.
Correct Answer:

Verified
Correct Answer:
Verified
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