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On 31 March Harvey Norman Ltd sold 15 Samsung S21 phones for $1550 leach. At that date, the stock card for the Samsung S21 phones

On 31 March Harvey Norman Ltd sold 15 Samsung S21 phones for $1550 leach. At that date, the stock card for the Samsung S21 phones sold had a (total of 50 phones on hand at an average cost of $955 each. Assume Harvey Norman Ltd uses the weighted average costing method. What is the cost of the phones sold recognised in the income statement? Option A. $14 325 Option B. $23 250 Option C. $47 750 Option D. $33 425

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