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Assume that a company uses the weighted average inventory costing method and a perpetual inventory system. Assume also a sales price to customers of $143

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Assume that a company uses the weighted average inventory costing method and a perpetual inventory system. Assume also a sales price to customers of $143 per unit. Company records indicate the following for the month: E! (Click the icon to view the records.) For calculations round per unit costs to the nearest cent and all other amounts to the nearest whole dollar. Calculate the cost of ending inventory The cost of ending inventory using the weighted-average inventory costing method is $ Calculate cost of goods sold for the month. The cost of goods sold using the weighted average inventory costing method is $ * Data Table Date Item Quantity 13 Unit Cost $ Nov. 1 Balance 6 Sale 8 Purchase 85 17 30 Sale Sale Print Done

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