Solution-What was the cost of goods sold in march

What was the cost of goods sold in march

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Reference no: EM131797402

Olga Sorescu Company uses the average cost method to account for lawn chair inventory and has the following activity during the month of March, 2009.

	Units	Unit cost
Beginning inventory	100	9.00
Purchase #1	250	10.00
Purchase #2	50	8.00

During March, Olga Sorescu sold 194 units. Compute the cost of goods sold for March.

What was the cost of goods sold in March 2009?

A. $1920

B. $1700

C. $2046

D. $1843

Reference no: EM131797402

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What was the cost of goods sold in march

Reference no: EM131797402

Reference no: EM131797402

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