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QUESTION 2 Beginning inventory 10 units at $7 each March 18 purchase 15 units at $9 each Sale 20 units at $15 each June 10

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QUESTION 2 Beginning inventory 10 units at $7 each March 18 purchase 15 units at $9 each Sale 20 units at $15 each June 10 purchase 20 units at $10 each Sale 12 units at $15 each October 30 purchase 12 units at $11 each Sale 10 units at $16 each On December 31, a physical count reveals 15 units on hand Assume a perpetual system. Under the moving-weighted-average-cost method, the cost of goods sold for the first sale (20 units) would be valued at: O $105. O $115 O $135. O $164

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