Question: 22 Ryan Company uses a weighted-average perpetual inventory system and has the following purchases and sales: Units sold at Retail Date August 2 August 18

following purchases and sales: Units sold at Retail Date August 2 August

Ryan Company uses a weighted-average perpetual inventory system and has the following purchases and sales: Units sold at Retail Date August 2 August 18 August 29 Activities Purchase Purchase Sales Units Acquired at Cost 10 units @ $24 - $240 15 units @ $26 - $390 12 units sold What is the amount of the cost of goods sold for this sale? (Round average cost per unit to 2 decimal places.) Multiple Choice $302.40 $150.50 $630.00 $390.00 Multiple Choice O $302.40 O $150.50 O $630.00 $390.00 O $292.00

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