Hardware Inc. has a periodic inventory system and uses the weighted-average method. The company began the year with 150 large brass switch plates on hand at a cost of $4.00 each. Purchases of switch plates during the year were as follows:

Date of Transaction Quantity Received Unit Cost
May 7 200 $ 4.20
June 11 200 $ 4.40
November 22 250 $ 4.80

The switch plates sell for $7.00 each.
Required:
If Hardware sells 570 switch plates during the year, what is the company's cost of goods sold?

When color is used on a topographical drawing, black is used to represent what?

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