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Brooks Company had the following inventory information for the year ending December 31. On December 31, Brooks Company had an ending inventory of 70 units.
Brooks Company had the following inventory information for the year ending December 31. On December 31, Brooks Company had an ending inventory of 70 units. They use a periodic inventory system to compute the cost of ending inventory. Required: Using weighted average: (a) Compute the cost of ending inventory (b) Compute the cost of goods sold Cost of ending inventory $ Cost of goods sold: $
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