19. TuCo begins operations in 20X1 and uses the perpetual method and moving average costing. On...

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19. TuCo begins operations in 20X1 and uses the perpetual method and moving average costing. On January 4, TuCo buys 1,200 units of merchandise @ $3. On January 8, it sells 300 units. On January 11, it buys 1,100 units @ $4, and on January 30, it sells 600 units. On January 30, what does TuCo record as the cost of goods sold? Ibonsom a. $2,430 b. $2,130 c. $2,400 d. $1,800 19. TuCo begins operations in 20X1 and uses the perpetual method and moving average costing. On January 4, TuCo buys 1,200 units of merchandise @ $3. On January 8, it sells 300 units. On January 11, it buys 1,100 units @ $4, and on January 30, it sells 600 units. On January 30, what does TuCo record as the cost of goods sold? Ibonsom a. $2,430 b. $2,130 c. $2,400 d. $1,800

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