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Inventory Costing: Average Cost Bordeaux Company has the following information related to purchases and sales of one of its inventory items: Assume that Bordeaux uses

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Inventory Costing: Average Cost Bordeaux Company has the following information related to purchases and sales of one of its inventory items: Assume that Bordeaux uses a perpetual inventory system. Required: Calculate the cost of goods sold and the cost of ending inventory using the average cost method. (Note: Round per-unit calculations to 4 decimal places and al other numbers to the nearest dollar.) Cost of goods sold $ Cost of ending inventory $

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