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Use the Following Inventory Related Information for Questions Below

Question 23

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Use the following inventory related information for Questions below
The following data regarding purchases and sales of a commodity were taken from the perpetual inventory account of Hailey Company:
Use the following inventory related information for Questions below The following data regarding purchases and sales of a commodity were taken from the perpetual inventory account of Hailey Company: -Using the Weighted-Average method, what amount would be reported for cost of goods sold on Hailey Company's Income Statement for May (rounded to the nearest dollar) ? A) $2,272 B) $2.236 C) $2,245 D) $2,268
-Using the Weighted-Average method, what amount would be reported for cost of goods sold on Hailey Company's Income Statement for May (rounded to the nearest dollar) ?


A) $2,272
B) $2.236
C) $2,245
D) $2,268

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