Question: SassyCat, Inc. had the following inventory data: Date Quantity Unit Cost July 1 Beginning inventory 5 $52 July 4 Purchase 10 $52 July 7

SassyCat, Inc. had the following inventory data: Date Quantity Unit Cost July

SassyCat, Inc. had the following inventory data: Date Quantity Unit Cost July 1 Beginning inventory 5 $52 July 4 Purchase 10 $52 July 7 Sale 12 July 11 Purchase 9 $56 July 14 Sale 8 Assuming average cost, what is the cost of goods sold for the July 14 sale? A. $432 B. $440 OC. $448 OD. $335

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