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Accounting - please answer the questions provided in the photo. A ore given in the following table for the first six months of the current
Accounting please answer the questions provided in the photo. A ore given in the following table for the first six months of the current year. The compony uses o perpetual inventory system:
Required:
Compute the cost of ending inventory by using the weightedoversge costing method. Do not round Intermedlate calculations and ound the final answer to decimal places.
irst account field.
Mew transaction llat
Journal entry worksheet
Record cost of sales on goods sold on account.
Nate: Enter debits befare credits.
Assume that becouse of a clerical error, the ending inventory is reported to be units rather than the actual number of units fn hand.
Fo If FIFO is used, calculate the omount of the understatement or overstatement in the cost of soles for the first six months of the
af cost of sales
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