Dumb Waiters, Inc. has 2 units in beginning inventory with a cost of $10. It purchased 3 more at $12. It sold 4 units during the period. What is the Cost of Goods Sold using the weighted average cost method?Multiple choice question.$36.00$44.00$46.00$44.80

Assume that J-Mart uses a perpetual weighted average inventory system. During the period, it had two sales. Calculate the average cost per unit on hand as of June 8 when it made its first sale.  DateItemUnits/CostJun 1Beginning Inventory10 @ $12Jun 5Purchase10 @ $15Jun 8Sale6 unitsJun 28Purchase10 @ $18Jun 30Sale8 unitsMultiple choice question.$15/unit$33/unit$13.50/unit$10/unit

Assume that Wally World uses a periodic weighted average inventory system. During the year, it had two sales. Calculate the weighted average cost per unit on hand as of June 30 when it figured its cost of goods sold for the month.  Date Activity Jan. 1Beginning Inventory8 @ $12Jun. 5Purchase12 @ $15Jun. 28Purchase10 @ $18Jun. 8Sale6 unitsJun. 30Sale8 unitsMultiple choice question.$18/unit$15/unit$15.20/unit$10/unit

Alpha Company bought 75 units of inventory for $4 each and 25 units of inventory for $5 each. Alpha's weighted average cost per unit is ______.Multiple choice question.$4.25$5$4$4.50

The weighted-average method assumes that:Multiple Choiceeach unit of inventory can be matched with its actual cost.the cost of goods sold consists of a random mixture of all goods available for sale.the first units purchased are the first ones sold.the last units purchased are the first ones sold.

Inventory records for Eliza Company revealed the following: Date Transaction Number of Units Unit CostMarch 1 Beginning Inventory 1,070 $ 7.13March 10 Purchase 590 7.30March 16 Purchase 880 7.41March 23 Purchase 540 7.66Eliza sold 2,200 units of inventory during the month. What is the cost of goods sold assuming weighted-average cost? (Round the weighted-average unit cost to 4 decimals if necessary and round your final answer to nearest whole dollar.)Multiple Choice$16,060$16,138$16,225$15,686