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A company that uses a perpetual inventory system has 1,000 units of an item on hand at a weighted average cost of $10 per unit.

A company that uses a perpetual inventory system has 1,000 units of an item on hand at a weighted average cost of $10 per unit. Then it sold 300 units at $20 each. Which of the following statements is true? Select answer from the options below The weighted average cost per unit will stay the same because it never changes when there is a sale. The weighted average cost per unit will increase with every sale. The weighted average cost

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