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Concord uses the periodic inventory system. For the current month, the beginning inventory consisted of 7300 units that cost $10 each. During the month, the
Concord uses the periodic inventory system. For the current month, the beginning inventory consisted of 7300 units that cost $10 each. During the month, the company made two purchases: 2800 units at $11 each and 12000 units at $11.50 each. Concord also sold 13000 units during the month. Using the average cost method, what is the amount of cost of goods sold for the month? O $149000. 5142220.1 $137150. $143000
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