Microsoft MB-335 Microsoft Dynamics 365 Supply Chain Management Functional Consultant Expert 04 31Oct2024 - Practice Quiz

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Question 1 of 30

A manufacturing company produces two products, A and B. The company uses the weighted average costing method to value its inventory. At the beginning of the month, the company had 100 units of Product A at a cost of $10 per unit and 200 units of Product B at a cost of $15 per unit. During the month, the company purchased an additional 150 units of Product A at $12 per unit and 100 units of Product B at $18 per unit. At the end of the month, the company sold 80 units of Product A and 50 units of Product B. What is the total cost of goods sold (COGS) for the month using the weighted average costing method?

$1,290

$1,350

$1,410

$1,470

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