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! Required information [The following information applies to the questions displayed below.] The following are the transactions for the month of July Units Unit Cost
! Required information [The following information applies to the questions displayed below.] The following are the transactions for the month of July Units Unit Cost Unit Selling Price July 1 July 13 July 25 Beginning Inventory $10 43 Purchase 215 11 Sold $14 (100) Ending Inventory 158 July 31 Calculate cost of goods available for sale and ending inventory, then sales, cost of goods sold, and gross profit, under weighted average cost. Assume a periodic inventory system is used. (Round "Cost per Unit" to 2 decimal places and your final answers to nearest whole dollar amount.) Weighted Average (Periodic) Cost per Unit Units Total Beginning Inventory Purchases Goods Available for Sale Cost of Goods Sold Ending Inventory Weighted Average (Periodic) Sales Cost of Goods Sold Gross Profit
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