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Labr Company uses the perpetual inventory system and the moving-average method to value inventories. On August 1, there were 10,000 units valued at $60,000 in

Labr Company uses the perpetual inventory system and the moving-average method to value inventories. On August 1, there were 10,000 units valued at $60,000 in the beginning inventory. On August 10, 20,000 units were purchased for $12 per unit. On August 15, 24,000 units were sold for $24 per unit. The amount charged to cost of goods sold on August 15 was

a. no answer

b. 60000

c. 240000

d. 216000

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