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Grande Company adopts the weighted average method of IAS 2. As of June 1, 2021, the company has 400 items of inventory, valued at 43

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Grande Company adopts the weighted average method of IAS 2. As of June 1, 2021, the company has 400 items of inventory, valued at 43 OMR each. During the month, following transactions took place 06/06/2021 Purchased 350 items at 46 OMR each 12/06/2021 Sold 390 items at 67 OMR each 21/06/2021 Purchased 500 items at 48 OMR each 28/06/2021 Sold 290 items at 70 OMR each 30/06/2021 Sold 130 items at 71 OMR each Calculate COGS to be reported on income statement? (round the result) Select one: O a. 36,843 O b. 37.300 O c 31,841 O d. 29,883

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