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help requirements a-c The inventory records of MMM indicate the following regarding its best-selling product in the month of January Click the icon to view

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The inventory records of MMM indicate the following regarding its best-selling product in the month of January Click the icon to view the data.) Requirements Calculate the dollar amount of ending inventory and cost of goods sold under each of the following cost flow assumptions: a. Weighted average cost, periodic inventory. b. First-in, first-out (FIFO), perpetual inventory. c. Weighted average cost, perpetual inventory. Requirement a. Calculate the dollar amount of ending inventory and cost of goods sold under the weighted-average cost method, and assuming a periodic inventory system. (Round the weighted-average cost per unit to three decimal places, X.XXX.) Begin by computing the weighted-average cost (WAC) per unit for this requirement 1 WAC per unit 1 - x X Data table Units Units cost Opening inventory 2,000 $ 50.00 Purchase #1 1,200 $ 40.00 Sale #1 Purchase #2 (900) 2,200 $ (2,100) 53.00 Sale #2 2,400 Total

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