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ABC had the following information for the month of July: Units Unit Cost Unit Selling Price July 1 Beginning Inventory 48 10 July 13 Purchase
ABC had the following information for the month of July: Units Unit Cost Unit Selling Price July 1 Beginning Inventory 48 10 July 13 Purchase 240 13 July 25 Sold 100 15 July 31 Ending Inventory 188 What is ABC's Cost of Goods Sold for July if it uses the weighted average cost method? Multiple Choice 1270
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