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1. Addison. Inc. uses a perpetual inventory system. The following is information about one inventory ifem for the month of September: Sept14101730InventorySalePurchaseSalePurchase20unitsat52510units30unitsat53020units10unitsat$35 Use the information
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Addison. Inc. uses a perpetual inventory system. The following is information about one inventory ifem for the month of September: Sept14101730InventorySalePurchaseSalePurchase20unitsat52510units30unitsat53020units10unitsat$35 Use the information for Addison, Inc. If Addison uses the weighted average method, what is the cost of merchandise sold for the September 17 th sale? (Hint The welghted average cost formule is. Total cost of goods avallable for sale i H of units avalable for sale) a. 5900 b. 5850 c. 5575 d 5650 Step by Step Solution
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