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