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PB 11. LO 10.3 Calculate a) cost of goods sold, b) ending inventory, and c) gross margin for B76 Company, considering the following transactions

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PB 11. LO 10.3 Calculate a) cost of goods sold, b) ending inventory, and c) gross margin for B76 Company, considering the following transactions under three different cost allocation methods and using perpetual inventory updating. Provide calculations for weighted average (AVG). Number of Units Unit Cost Sales Beginning inventory 420 $200 Sold 150 $401 Purchased 250 205 Sold 275 421 Purchased 200 215 Sold 260 441 Ending inventory 185 Purchases COGS Remaining Inventory Wgt. Number Unit Total Number Unit Total Number of Unit Total Avg. Beginning of Units Cost Cost of Units Cost Cost Units Cost Cost Sale Purchase Sale Purchase Sale Total Gross Margin Weighted Average

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