问题
单项选择题
Determine the Cost of Goods Sold using the Weighted Average Method and also using the First in First Out (FIFO) Method.Weighted Average FIFO ①A. $ 4986.02 $ 4133.45 ②B. $ 5248.44 $ 4351. 00 ③C. $ 4351.00 $ 5248.44
A．
| A. ① |
B．
| B. ② |
C．
| C.③ |
答案
参考答案：B
解析：Weighted average = cost of goods available/total units available. COGS = Units sold × wt. ave = 806 × 6.51171= $5248.44. FIFO COGS= (699×5) +(107×8) = $4351.00.