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Calculate the cost of goods sold dollar value for A67 Company for the month, considering the following transactions under three different cost allocation methods and
Calculate the cost of goods sold dollar value for A67 Company for the month, considering the following transactions under three different cost allocation methods and using perpetual inventory updating. Provide calcutations for weighted average (AVG). Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar amount. Number of Units 800 Unit Cost Sales Beginning inventory Purchased $60 62 600 Sold 400 $90 Sold 350 100 Ending inventory 650 AVG (perpetual) Inventory Cost of Goods Sold Cost of Goods Purchased Cost of Inventory Remaining Number of Units Number of Units Number of Units Unit Cost Total Cost Unit Cost Total Cost Unit Cost Total Cost 800 60 48,000 Beginning Purchase 600 62 37,200 Sale 400 350 Sale Total Purchases 37,200 Total COGS
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