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Periodic inventory system is usually determine the cost of center and inventory when cost our assigned based on the weighted average method a company reports

Periodic inventory system is usually determine the cost of center and inventory when cost our assigned based on the weighted average method a company reports tge gollowing begining inventory snx 2 purchases of the month of January. On January 26 the company sells 370 units endinh January 31150 units. Beging invrntory january 300 units at $3.20 purchase January 980 units at $3.40 purchase in January 25110 units

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