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4. Schedule of Cost of Goods Sold Once Alice had all the production costs she could create a schedule of cost of goods sold. Because

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4. Schedule of Cost of Goods Sold Once Alice had all the production costs she could create a schedule of cost of goods sold. Because the average production costs changed from month to month (based on change in units produce and fixed costs) Alice chose to value the ending inventory in finished goods at $4.72 each month

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