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Assume that Gotiable uses the average cost method for inventory costing What is the average cost of one hat? (Round to the nearest penny (

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Assume that Gotiable uses the average cost method for inventory costing What is the average cost of one hat? (Round to the nearest penny ( 2 decimal points)) What will be the dollar value of the inventory on the April 30 th balance Sheet? (Round to the nearest dollar) What will Gotiable report as Gross margin for the hats for the month of Aprit? (Round to the nearest dollar)

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