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#1 #2 Hero Sub On April 1, a company purchased two units of inventory, A and B. The cost of unit A was 5640, and
#1 #2 Hero Sub On April 1, a company purchased two units of inventory, A and B. The cost of unit A was 5640, and the cost of unit was $590. On April 30. the company had not sold the inventory. The net realizable value of unit A was now 5660 while the net realizable value of unit 8 was $505. The adjustment associated with the lower of cost and net realizable value on April 30 will be 1. 65 65 2. 65 65 Cost of Goods Sold Inventory Inventory Cost of Goods Sold 3. Cost of Goods Sold Inventory 4. Inventory Cost of Goods Sold 85 85 85 85 85 Multiple Choice Option 3 Option 1 Option 2 Consider the following inventory transactions for September Beginning inventory Purchase on September 12 Barchased on September 23 17 nits $2.70 27 unita . 53.40 10 units $4.30 For the month of September, the company sold 33 units. What is cost of goods sold under the wetene como o nourd your Intermediate calculations. Round the weighted average unit cost to decimal necessary. Round your answer to the nearest dolar amounts Multiple Choice 5110 583 A company sold inventory for $1.200 that was purchased for 700 The company records which of the following where to perpetual inventory system Nountry is required for cost of goods sold and to Debat Cost of Good Son 5700 credinventory 5700 Debit Cost of Good Sold 1200, credit 1200 Debt inventory $700. Cost of Goods Sold 5700
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