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Salva business has the following information about its inventory. Units Unit Cost Balance Beginning inventory- May 1 100 $ 3.00 100 units Purchase- May 2
Salva business has the following information about its inventory. Units Unit Cost Balance Beginning inventory- May 1 100 $ 3.00 100 units Purchase- May 2 500 $ 2.07 600 units Sold units May 15 300 300 units Using a perpetual inventory system, calculate the costs to be assigned to cost of goods sold under Average Cost
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