Homework answers / question archive / Easton Company uses the periodic inventory system and had the following inventory & sales activity for the month of May 2019: Date Activity Quantity Unit Price 5/1 Beginning Inventory 140 $11 5/5 Purchase 120 $13 5/15 Purchase 300 $15 5/25 Purchase 450 $17 Sales were 440 units at $25

Easton Company uses the periodic inventory system and had the following inventory & sales activity for the month of May 2019: Date Activity Quantity Unit Price 5/1 Beginning Inventory 140 $11 5/5 Purchase 120 $13 5/15 Purchase 300 $15 5/25 Purchase 450 $17 Sales were 440 units at $25

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Easton Company uses the periodic inventory system and had the following inventory & sales activity for the month of May 2019:

Date Activity Quantity Unit Price

5/1 Beginning Inventory 140 $11

5/5 Purchase 120 $13

5/15 Purchase 300 $15

5/25 Purchase 450 $17

Sales were 440 units at $25.  Using the Weighted Average method, determine the dollar value of Cost of Goods Sold for the month of May.