Question: Choco Inc. uses a perpetual inventory system. If Choco Inc. uses the Weighted Average method, how much is the cost of goods sold (COGS) for

Choco Inc. uses a perpetual inventory system. If Choco Inc. uses the Weighted Average method, how much is the cost of goods sold (COGS) for September? (when calculating the weighted average cost, round to the nearest hundredth) 9/1 Beginning inventory 300 units 53 9/5 Sales (price $20/unit) 150units 9/15 Purchase 500 units 55.1 9/22 Sales price $20/unit) 400units

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