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Brief Exercise 6-10 Monty Corp. uses a perpetual inventory system. Data for product E2-D2 include the purchases shown below. Number of Units Unit Price Date
Brief Exercise 6-10 Monty Corp. uses a perpetual inventory system. Data for product E2-D2 include the purchases shown below. Number of Units Unit Price Date May 7 56 $13 July 28 37 18 On June 1, Monty Corp. sold 28 units, and on August 27, 37 more units. Your answer is partially correct. Try again. Calculate the average cost. (Round answers to 3 decimal places, e.g. 5.125.) June 1 sale: 13 Aug. 27 sale: 1394 SHOW LIST OF ACCOUNTS LINK TO TEXT Your answer is incorrect. Try again. Compute the cost of goods sold using FIFO, LIFO, and average-cost. (Round answers to 0 decimal places, e.g. 125.) FIFO LIFO AVERAGE-COST Cost of goods sold Click if you would like to Show Work for this question: Open Show Work SHOW LIST OF ACCOUNTS LINK TO TEXT
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