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Calculate the ending inventory and cost of goods sold using the weighted average method. Taylor owns a boutique and needed to compute her inventory of
Calculate the ending inventory and cost of goods sold using the weighted average method.
Taylor owns a boutique and needed to compute her inventory of all the scarves and jackets. She had scarves on the floor and five in the storeroom. She had jackets on the floor and eight more in the storeroom. Sally purchased each scarf for $ and each jacket for $
The weighted average unit cost of scarves and jackets being sold is
a
$
b
$
c
$
d
$
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