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13. During January, a company that uses a perpetual inventory system had beginning inventory. purchases, and sales as follows: Units Cost per unit Begin Inventory

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13. During January, a company that uses a perpetual inventory system had beginning inventory. purchases, and sales as follows: Units Cost per unit Begin Inventory 100 12 Jan 5 Sale 50 10 Purchase 70 16 15 Sale 25 25 Sale 35 Find the cost of goods sold and ending inventory using the moving weighted average method of costing rounding calculations to two decimals. 10

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