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Liula [17]
3 years ago
9

Marquis Company uses a weighted-average perpetual inventory system.

Business
1 answer:
bogdanovich [222]3 years ago
6 0

Answer:

The correct answer is "$136.44"

Explanation:

According to the question,

Total units will be:

= 10 \ unit+15 \ unit

= 25 \ unit

Average cost will be:

= \frac{[(10\times 12)+(15\times 14)]}{29}

= \frac{120+210}{29}

= \frac{330}{29}

= 11.38 ($)

hence,

The cost of sale will be:

= Units \ sold\times Average \ cost

= 12\times 11.38

= 136.44 ($)

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