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Can you please explain and how to calculate using average cost? Thanks! A corporation has provided the following information about one of their products: During

Can you please explain and how to calculate using average cost? Thanks!

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A corporation has provided the following information about one of their products: During the year, 400 units were sold. What is ending inventory using the average cost method? $48,000 $64,000 $50,000 $62,000

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