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Blossom Corp, uses a perpetual inventory system and the average cost flow method for assigning inventory costs. Blossom has the following inventory purchases: October
Blossom Corp, uses a perpetual inventory system and the average cost flow method for assigning inventory costs. Blossom has the following inventory purchases: October 3 October 4 October 7 540 units at $18 340 units at $20 240 units at $22 On October 5, Blossom sold 720 units for $38 each. What is the cost of goods sold per unit assigned to this sale?
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Accounting Volume 1
Authors: Charles T. Horngren, Walter T. Harrison, Jo Ann L. Johnston, Carol A. Meissner, Peter R. Norwood
9th Canadian edition
978-013309863, 9780133128338, 013309863X, 133128334, 978-0132690096
