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Question 4) We have the following transaction. COGS is calculated based on weighted average method. (10 points) Description unit Price per unit Beginning 150
Question 4) We have the following transaction. COGS is calculated based on weighted average method. (10 points) Description unit Price per unit Beginning 150 units $5 Purchase 70 units $6 Sell 1 180 units ? Purchase 2 40 units $7 Sell 2 60 units ? Calculate: 1) COGS per unit Sell 2) COGS per unit sell2 3) Total cost of ending inventory
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Management and Cost Accounting
Authors: Colin Drury
8th edition
978-1408041802, 1408041804, 978-1408048566, 1408048566, 978-1408093887
