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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 245
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 245 445 Cost per Unit $149 $169 $209 145 During the year, Maxim sold 490 units. What is cost of goods sold using the average cost method? (Do not round intermediate computations.) Multiple Choice $64,305. $83,338. O $66,305. O $85,338
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