Question: pls answer 18 XYZ Inc. uses the average cost formula in a perpetual inventory system. (Use unrounded numbers in your calculations but round to the

 pls answer 18 XYZ Inc. uses the average cost formula in

pls answer 18

XYZ Inc. uses the average cost formula in a perpetual inventory system. (Use unrounded numbers in your calculations but round to the nearest cent for presentation purposes in your answer.) Jun 1 Beginning inventory 20 units @ $19.00 per unit Jun 5 Purchase 100 units @ $22.00 per unit Jun 8 Sale 70 units Jun 9 Purchase 80 units @ 21.31 per unit Jun 10 Sale 25 units Jun 22 Sale 40 units 16. The cost of goods sold for the June 8 sale is (a) $1,480.00 (b) $1,527.68 (c) $1,505.00 (d) $1,540.00. 17. The cost of goods sold for the June 10 sale is (a) S537.50. (b) $534.58. (c) $549.96. (d) $532.75. 18. Total cost of goods sold for the month of June is (a) $2,890.15. (b) $2,902.50 (c) $2,934.96. (d) $2,894.90 19. XYZ Inc. has an ending inventory on June 30 of (a) $1,389.90. (b) $1,429.90 (c) $1,407.58. (d) $1,385.15

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