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Metlock, Inc. Inc. had a beginning inventory of 105 units of Product RST at a cost of $7 per unit. During the year, purchases
Metlock, Inc. Inc. had a beginning inventory of 105 units of Product RST at a cost of $7 per unit. During the year, purchases were: Feb. 20 575 units at $8 Aug. 12 405 units at $10 May 5 480 units at $9 Dec. 8 100 units at $11 Metlock, Inc. uses a periodic inventory system. Sales totaled 1,550 units. (a) Determine the cost of goods available for sale. The cost of goods available for sale $
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Accounting Tools for Business Decision Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
6th edition
1118096894, 978-1-11921511, 978-1118096895
