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QUESTION

EXPLAIN HOW Beginning Inventory 10 pairs $20= $200 January 6 Purchase 4 pairs $25=$100 January 10 Sale 5 pairs N/A January 15 Purchase 7 pairs

EXPLAIN HOW

Beginning Inventory 10 pairs

$20= $200

January 6 Purchase 4 pairs

$25=$100

January 10 Sale 5 pairs N/A 

January 15 Purchase 7 pairs

 $30=$210

January 20 Sale 10 pairs

N/A

January 25 Purchase     4 pairs

$30=$120

The cost of goods sold using the periodic average cost method is

Select one:

a. $265

b. $358

c. $236

d. $378

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