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Intercontinental, Incorporated, uses a perpetual inventory system. Consider the following information about its inventory: August 1 , purchased 1 0 units for $ 9 1
Intercontinental, Incorporated, uses a perpetual inventory system. Consider the following information about its inventory: August purchased units for $ or $ per unit; August purchased units for $ or $ per unit; August sold units; August purchased units for $ or $ per unit; August purchased units for $ or $ per unit; August sold units.
Using weighted average, the cost of goods sold for the sale of units on August is and the inventory balance at August is
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