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Sheffield Company uses the perpetual inventory system and the moving average method to value inventories. On August 1, there were 10000 units valued at $25000
Sheffield Company uses the perpetual inventory system and the moving average method to value inventories. On August 1, there were 10000 units valued at $25000 in the beginning inventory. On August 10, 15000 units were purchased for $6 per unit. On August 15, 39000 units were sold for $12 per unit. The amount charged to cost of goods sold on August 15 was O $179400. O $234000. . $161460. O $25000 Sheffield Company uses the perpetual inventory system and the moving average method to value inventories. On August 1, there were 10000 units valued at $25000 in the beginning inventory. On August 10, 15000 units were purchased for $6 per unit. On August 15, 39000 units were sold for $12 per unit. The amount charged to cost of goods sold on August 15 was O $179400. O $234000. . $161460. O $25000
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