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The Following Amounts and Costs of Platters Were Available for Sale

Question 29

Multiple Choice

The following amounts and costs of platters were available for sale by Cari Ceramics during 2016:
The following amounts and costs of platters were available for sale by Cari Ceramics during 2016: Cari Ceramics has 60 platters on hand at the end of the year. How much is cost of goods sold in dollars at the end of the year according to the average cost method? A) $ 9,920 B) $ 4,960 C) $ 6,200 D) $11,500 Cari Ceramics has 60 platters on hand at the end of the year.
How much is cost of goods sold in dollars at the end of the year according to the average cost method?


A) $ 9,920
B) $ 4,960
C) $ 6,200
D) $11,500

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