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During the month of August, Roundhouse Company purchased and sold merchandise on account as shown in the table below. Roundhouse uses the perpetual inventory system

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During the month of August, Roundhouse Company purchased and sold merchandise on account as shown in the table below. Roundhouse uses the perpetual inventory system and the moving weighted average cost method for valuing inventory. Required A: (8 marks) Using the Moving Weighted Average method calculate the dollar value of: 1. Cost of goods sold \$ 2. Ending inventory $

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