need to know if its true or false

Required information CH 5 TRUE/FALSE Section Break Lott $Co$ . had one unit in beginning inventory that cost $$6.00$ . Lott paid cash to purchase two additional inventory items. The first item was purchased at a cost $$8.00$ , and the second at a cost of $$10.00$ . Lott Co. sold two inventory items for $$12.00$ each, receiving cash. Based on this information alone, indicate whether each of the following items is true or false. - Cost of goods sold would be $$16$ assuming the weighted average cost flow was used.

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need to know if its true or false

Required information CH 5 TRUE/FALSE Section Break Lott

Co

. had one unit in beginning inventory that cost

$6.00

. Lott paid cash to purchase two additional inventory items. The first item was purchased at a cost

$8.00

, and the second at a cost of

$10.00

. Lott Co. sold two inventory items for

$12.00

each, receiving cash. Based on this information alone, indicate whether each of the following items is true or false. - Cost of goods sold would be

$16

assuming the weighted average cost flow was used.

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