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Montana Great Outdoors had the following inventory in fiscal 2012. The company uses the Weighted...

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Accounting

Montana Great Outdoors had the following inventory in fiscal 2012. The company uses the Weighted Average method of accounting for inventory.

Beginning Inventory, August 1, 2011: 140 units @ $19.50

Purchase 300 units @ $19.00

Purchase 50 units @ $20.00

Purchase 120 units @ $20.30

Ending Inventory, July 31, 2012: 130 units

The company's cost of goods sold for fiscal 2012 is:

Montana Great Outdoors had the following inventory in fiscal 2012. The company uses the Weighted Average method of accounting for inventory.

Beginning Inventory, August 1, 2011: 140 units @ $19.50

Purchase 300 units @ $19.00

Purchase 50 units @ $20.00

Purchase 120 units @ $20.30

Ending Inventory, July 31, 2012: 130 units

The company's cost of goods sold for fiscal 2012 is:

$ 9,230

$11,866

$9,336

$2,500

Not enough information available.

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