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Skysong Company uses the perpetual inventory system and the weighted average cost formula. The following information is available for the month of June: Unit Date
Skysong Company uses the perpetual inventory system and the weighted average cost formula. The following information is available for the month of June: Unit Date Explanation Units Cost Jun 1 Beginning Inventory 270 $10 Jun 15 Purchase 370 10 Jun 17 Sale 320 ? Jun 24 Purchase 470 12 12 Prepare a schedule to show cost of goods sold and the value of the ending inventory for the month of June
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