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3 ! Part 3 of 3 Required information [The following information applies to the questions displayed below.] The following are the transactions for the
3 ! Part 3 of 3 Required information [The following information applies to the questions displayed below.] The following are the transactions for the month of July. 0.5 points July 1 July 13 July 25 July 31 Beginning Inventory Purchase Units 60 300 Unit Cost $ 10 12 Unit Selling Price Sold Ending Inventory (100) 260 $ 16 eBook Print References Required: a. Calculate cost of goods available for sale and ending inventory under weighted average cost. Assume a periodic inventory system is used. b. Calculate sales, cost of goods sold, and gross profit, under weighted average cost. Assume a periodic inventory system is used. Complete this question by entering your answers in the tabs below. Required A Required B Calculate cost of goods available for sale and ending inventory under weighted average cost. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places and your final answers to nearest whole dollar amount.) Weighted Average (Periodic) Units Cost per Unit Total Beginning Inventory Purchases Goods Available for Sale Cost of Goods Sold Ending Inventory
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