Current Attempt in Progress Coronado uses the periodic inventory system. For the current month, the...
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Current Attempt in Progress Coronado uses the periodic inventory system. For the current month, the beginning inventory consisted of 7200 units that cost $9.00 each. During the month, the company made two purchases: 3200 units at $10.00 each and 12000 units at $10.50 each. Coronado also sold 13100 units during the month. Using the average cost method, what is the amount of cost of goods sold for the month? (Round average cost per unit to 2 decimal places, e.g. 1.48.) $130345 $125150 $137000. $131000
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