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A company began January with 8 , 0 0 0 units of its principal product. The cost of each unit is $ 6 . Inventory
A company began January with units of its principal product. The cost of each unit is $ Inventory transactions for the month of January are as follows:
tableDate of Purchase,PurchasesJanuary Units,Unit CostTotal costJanuary $$
Calculate January's ending inventory and cost of goods sold for the month using Average cost, perpetual system. Note: Round average cost per unit to decimal places. Enter sales with a negative sign.
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