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Assume the following data for Burette Merchandising for 2010: (Click the icon to view the Burnette Merchandising data.) On December 31. a physical count reveals
Assume the following data for Burette Merchandising for 2010: (Click the icon to view the Burnette Merchandising data.) On December 31. a physical count reveals 15 units in ending inventory. Assume a periodic inventory system. Under the weighted-average method, what would cost of goods sold on the income statement be? OA. $389 B. $306 C. $294 Burnette Merchandising data D. 5420 Beginning inventory 10 units at $7 each March 18 purchase 15 units at S9 each June 10 purchase 20 units at $10 each October 30 purchase 12 units at $11 each Print Done
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