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Moving to the next question prevents changes to this ar Question 22 Al-Ahmed Co. uses a periodic inventory system. The beginning inventory of a
Moving to the next question prevents changes to this ar Question 22 Al-Ahmed Co. uses a periodic inventory system. The beginning inventory of a particular product, and the purchases during December 2011, were as follows: 1/1 Beginning inventory 1/20 Purchase 7/25 Purchase 10/20 Purchase Units 100 Unit Cost Total Cost 54 $400 400 $5 2.000 200 37 1,400 300 58 2400 1.000 16.200 At December 31, the sales of this product consisted of 600 units Required: Determine the cost of the year-End Inventory and the Cost of Goods Sold for this product under the Average cost method of inventory valuation For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac) BIVS Paragraph AL Arial 14px 2- I.
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