Inventory in a clothing store as at March 31, 2022 consist solely of the following: 10,000 T-shirts purchased in January at a cost of $6 each and 8,000 T-shirts purchased.In February at a cost of $8 each. Assume that the weighted average cost method is used. If 8,000 T-shirts were sold in March.

What is the cost of goods sold for the month?

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To calculate the cost of goods sold COGS for the month of March using the weighted average cost meth... View the full answer