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Exercise 6-5 Part 3 3. Using weighted-average cost, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. (Round Weighted-Average Cost per unit
Exercise 6-5 Part 3
3. Using weighted-average cost, calculate ending inventory, cost of goods sold, sales revenue, and gross profit. (Round "Weighted-Average Cost per unit" to 2 decimal places)
Exercise 6-5 Calculate inventory amounts when costs are declining (LO6-3) The following Information applies to the questions displayed below.j During the year, Trombley Incorporated has the following inventory transactions. Date Jan. 1 Mar 4 Jun. 9 Nov. 11 Number of Units 20 25 30 30 nit Cost $22 21 20 18 Transaction Beginning inventory Purchase Purchase Purchase Total Cost $440 525 600 540 105 $2.105 For the entire year, the company sells 81 units of inventory for $30 eachStep by Step Solution
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