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Blossom Company uses a perpetual inventory system and reports the following inventory transactions for the month of July: (a) Calculate the cost of goods sold

image text in transcribed Blossom Company uses a perpetual inventory system and reports the following inventory transactions for the month of July: (a) Calculate the cost of goods sold and ending inventory under (1) FIFO and (2) weighted average. (Round the weighted average cost per unit and final answers to 2 decimal places, e.g. 5,275.75.)

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