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Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system. Required: 2 . Determine
Laker Company reported the following January purchases and sales data for its only product. The Company uses a perpetual inventory system.
Required: Determine the cost assigned to ending inventory and to cost of goods sold using weighted average.
Notice that cost of goods sold, $ plus ending inventory, $ equals cost of goods available for sale, $
I need help figuring out the exact excel formulas for the answers... most are correct just wrong formula
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