accounting question 7

label Accounting
account_circle Unassigned
schedule 1 Day
account_balance_wallet $5

i am stuck on the following problem. here is a pic of the problem. 

http://imgur.com/qkYKjlG

please include all work/how you got the answer. it will help me with future problems

thanks in advance

Feb 15th, 2015

430 units at 3.3

630 units at 4.3

Total cost = 430*3.3+630*4.3 = 4128

Total units =1060

Weighted average = 4128/1060 =3.89434

Sales = 660

Cost of goods sold = 660* 3.89434 = 2570.264

Answer: $2,570


Feb 15th, 2015

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