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Assume Nile.com began January with 12 units of inventory that cost a total of $180. During January, Nile.com purchased and sold goods as follows: Suppose
Assume Nile.com began January with 12 units of inventory that cost a total of $180. During January, Nile.com purchased and sold goods as follows:
Suppose Nile.com used the weighted-average inventory costing method and the perpetual inventory system. Compute the weighted-average unit cost of the company's inventory on hand at January 8. Round weighted-average unit cost to the nearest cent.
view the purchases and sales.) ed the weighted-average inventory costing method and the perpetual inventory syst Data table
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