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Maxim Corp. has provided the following information about one of its products: Date 1/1 6/5 11/10 Transaction Beginning Inventory Purchase Purchase Number of Units 250
Maxim Corp. has provided the following information about one of its products: Date 1/1 6/5 11/10 Transaction Beginning Inventory Purchase Purchase Number of Units 250 450 150 Cost per Unit $ 150 $ 170 $ 2101 During the year, Maxim sold 500 units. What is cost of goods sold using the average cost method? (Do not round intermediate come $65,500 $67,500. $85,588. O $87,588
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