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During 2009, Accent Toys plc., which began business in October of that year, purchased 10,000 units of a toy at a cost of $15 per
During 2009, Accent Toys plc., which began business in October of that year, purchased 10,000 units of a toy at a cost of $15 per unit in October. The Toy sold well in October In anticipation of heavy December sales; Accent purchased 7,000 additional units in November at a cost of $17 per unit. During 2009, Accent sold 23,000 units at a price of $20 per unit.
Under the (LIFO) What is Accent's cost of goods sold be under the weighted average cost method?
A. 356,925
B. 357,655
C. 351,533
D. 408,500
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