问题
单项选择题
Jane Higgins, CFA, a industry analyst, does research about inventory valuation. The company uses a periodic inventory system and no inventory on 31 May, 2012. The company purchases inventory as follows:
| Purchase Date | Cost per Unit | Number of Units |
| 1 May | $14.00 | 1000 |
| 3 May | $10.00 | 400 |
| 6 May | $8.00 | 1500 |
| 23 May | $10.00 | 300 |
During May, 2000 units are sold. Under the weighted average cost method of inventory valuation, cost of goods sold is closest to:（）
A.
20160
B.20625
C.31000
答案
参考答案：B
解析：
average price of inventory=($14×1000+$10×400+$8×1500+$10×300)/(1000+400+1500+300)=$10.3125，COGS=$10.3125×2000=$20625。