Vegas uses the periodic inventory system. For the current month, the beginning inventory consisted of 1,200 units that cost $12 each. During the month, the company made two purchases: 500 units at $13...


Vegas uses the periodic inventory system. For the current month, the beginning inventory<br>consisted of 1,200 units that cost $12 each. During the month, the company made two<br>purchases: 500 units at $13 each and 2,000 units at $13.50 each. Vegas also sold 2,150<br>units during the month. Using the average cost method, what is the amount of cost of<br>goods sold for the month? $<br>

Extracted text: Vegas uses the periodic inventory system. For the current month, the beginning inventory consisted of 1,200 units that cost $12 each. During the month, the company made two purchases: 500 units at $13 each and 2,000 units at $13.50 each. Vegas also sold 2,150 units during the month. Using the average cost method, what is the amount of cost of goods sold for the month? $

Jun 11, 2022
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