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Month Company reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 200 $5 $1,000 12 Purchase 400 $6
Month Company reports the following for the month of June. Units Unit Cost Total Cost June 1 Inventory 200 $5 $1,000 12 Purchase 400 $6 $2,400 23 Purchase 300 $7 $2,100 30 Inventory 100. Compute the cost of the ending inventory and the cost of goods sold using the average-cost method.
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