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Berring Sales Uses the Average- Cost Method

Question 13

Multiple Choice

Berring Sales uses the average- cost method. The partially completed inventory record for January appears below. Berring Sales uses the average- cost method. The partially completed inventory record for January appears below.   On 14 January, the company sold 10 units. On 29 January, the company sold 50 units. Complete the inventory record and calculate the Cost of sales for the month of January. (Please round to the nearest whole dollar.)  A) $243 B) $228 C) $249 D) $230 On 14 January, the company sold 10 units. On 29 January, the company sold 50 units. Complete the inventory record and calculate the Cost of sales for the month of January. (Please round to the nearest whole dollar.)


A) $243
B) $228
C) $249
D) $230

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