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Marquis Company uses a weighted-average perpetual inventory system. August 2, 12 units were purchased at $3 per unit. August 18, 17 units were purchased at
| Marquis Company uses a weighted-average perpetual inventory system. |
| August 2, | 12 units were purchased at $3 per unit. |
| August 18, | 17 units were purchased at $5 per unit. |
| August 29, | 14 units were sold. |
What is the amount of the cost of goods sold for this sale? |
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Financial And Managerial Accounting
Authors: Jan R. Williams, Joseph V. Carcello, Mark S. Bettner, Sue Haka, Susan F. Haka
14th International Edition
0071101217, 9780071101219
