Marquis Company uses a weighted - average perpetual inventory system and has the following purchases and sales:
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Question:
Marquis Company uses a weightedaverage perpetual inventory system and has the following purchases and sales:
Date Activities Units Acquired at Cost Units Sold at Retail
August Purchase units @ $ $
August Purchase units @ $ $
August Sales units sold
What is the amount of the cost of goods sold for this sale? Round average cost per unit to decimal places.
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