Following is the information provided by Ivory Co. for the month of June. Digitrex sold...
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Accounting
Following is the information provided by Ivory Co. for the month of June. Digitrex sold 700 units in June. Calculate the cost of goods sold and the cost of ending inventory for the month of June using the weighted average cost method. a. Cost of goods sold is $17,500, and ending inventory is $15,000. b. Cost of goods sold is $7,500, and ending inventory is $25,000. c. Cost of goods sold is $8,000, and ending inventory is $24,500. d. Cost of goods sold is $19,000, and ending inventory is $13,500
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