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Silverline Inc. applies averaging to determine reported inventory balances. The value of opening inventory was 120 units valued at $1,440. During the period, 300 units
Silverline Inc. applies averaging to determine reported inventory balances. The value of opening inventory was 120 units valued at $1,440. During the period, 300 units were purchased for a total of $4,200. At the end of period, 220 units are found in inventory on physical count. What is the cost of goods sold (rounded)? Select a Choice Below current question choices OptionA $2,454.00 OptionB $2,800.00 OptionC $2,686.00 OptionD $2,640.00
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