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16. According to figure (2), the EEE company has the following inventory record during the month of May 2020. Assume ABC uses the average cost
16. According to figure (2), the EEE company has the following inventory record during the month of May 2020. Assume ABC uses the average cost method of inventory valuation. What unit cost would be used to determine the amount in ending inventory or cost of goods sold? Units (Q Cost per unit 80 $50 100 $60 Beginning inventory May 5, 2020 May 15, 2020 May 25, 2020 140 $70 120 $77 A. $51.81 B. $63.3 O C. $64 O D. $66 17. According to fiqure (2) the EEE company has the following inventory record SSUES F12 FB FIO F9 in LOCK FS & 96 A 6 7 7 Y 8
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