WCTCP Leading Edge Frame Shop wants to know the effect of...
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Accounting
WCTCP Leading Edge Frame Shop wants to know the effect of different inventory costing methods on its financial statements. The company uses the periodic inventory system Inventory and purchases data for April follow Units Unit Cost Total Cost April 1 Beginning inventory 2,000 $ 10.00 $ 20,000 4 Purchase 1,000 $ 10.60 10,600 9 Sale (1,500) If Leading Edge uses the weighted average cost method, the cost of the goods sold will be (Round each step in your solution to two decimal places. Round your final answer to the nearest dollar) O A $10,600 OB. $15,000 OC. $15,300 OD. $15,600
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