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E64 Refer to the Elmos Music inventory data in E62, except assume that the store uses the moving-weighted-average-cost method. Prepare Elmos Music Stores perpetual inventory

E64 Refer to the Elmos Music inventory data in E62, except assume that the store uses the moving-weighted-average-cost method. Prepare Elmos Music Stores perpetual inventory record for the guitars on the moving-weighted-average-cost basis. Round average cost per unit to the nearest cent and all other amounts to the nearest dollar.

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