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2:30 ABC Company has the following current-year information for its only product. 1-1 Beginning inventory 2-14 Purchase 6-30 Puchase 210 units @ $2 each
2:30 ABC Company has the following current-year information for its only product. 1-1 Beginning inventory 2-14 Purchase 6-30 Puchase 210 units @ $2 each 336 units @ $3 each 260 units @ $4 each 11-19 Purchase 88 units @ $5 each During the year they sold 548 units. Determine the ending inventory and cost of goods sold for the year using the Weighted-Average method of inventory valuation. (Show your work for full credit)
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