Question: please explain well how to solve it to understand. ABC Co. uses a perpetual Inventory system and uses the welghted average cost flow assumption. During

 please explain well how to solve it to understand. ABC Co.

please explain well how to solve it to understand.

ABC Co. uses a perpetual Inventory system and uses the welghted average cost flow assumption. During the month, It had two sales. Calculate the dollar value of its cost of goods sold for the first sale made on Jan. 10. Jan 1 Beginning Inventory 8 @ $12= $96 Jan 5 Purchase 12 @ $15= $180 Jan 10 Sale 11 units x $50 each Jan 25 Purchase 10 @ $18 = $180 Jan 30 Sale 3 units x $55 each Click the answer you think is right. $148.50 $151.80 $167.20 $110 D Read about this Do you know the

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