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Calculate cost of goods sold and ending inventory: weighted average cost. Calculate the cost of goods sold and the cost of the ending inventory using
Calculate cost of goods sold and ending inventory: weighted average cost. Calculate the cost of goods sold and the cost of the ending inventory using the weighted average cost flow assumption. Assume periodic record keeping. Sales 100 units at $15/units = Beginning Inventory 90 units at $6/units = Purchases 60 units at $9/units show work
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