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Maxim Corp. has provided the following information about one of its products Date Transaction Number of Cost per Unit Units Beginning 200 Inventory 6/5 Purchase
Maxim Corp. has provided the following information about one of its products Date Transaction Number of Cost per Unit Units Beginning 200 Inventory 6/5 Purchase 400 $140 $160 11/10 Purchase 100$ 200 During the year. Maxim sold 400 units. What is cost of goods sold using the average cost metho O $64.000 O $62.000 O s50.000 $48.000
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