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Answer with complete solutions. Yza Company reported that a flood recently destroyed many of the financial records. The entity used an average cost inventory valuation.
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Yza Company reported that a flood recently destroyed many of the financial records. The entity used an average cost inventory valuation. The entity made a physical count at the end of each month in order to determine monthly ending value. By examining various documents, the following data are gathered: 12. What is number of units on July 1 ? (2pts) 13. How many units were sold during the month of July? (2pts) 14. What amount should be reported as a cost of the inventory on July 31 ? (2pts) Step by Step Solution
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