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Berring Sales Uses the Average-Cost Method

Question 151

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 January 14,the company sold 10 units.On January 29,the company sold 50 units. -Complete the inventory record through the January 14 sale,and calculate the Cost of goods sold for the January 14 sale.(Please round to the nearest whole dollar.)  A)  $38 B)  $33 C)  $42 D)  $40 On January 14,the company sold 10 units.On January 29,the company sold 50 units.
-Complete the inventory record through the January 14 sale,and calculate the Cost of goods sold for the January 14 sale.(Please round to the nearest whole dollar.)


A) $38
B) $33
C) $42
D) $40

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