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TB MC Qu. 05-109 (Algo) Marquis Company uses... Marquis Company uses a weighted-average perpetual Inventory system and has the following purchases and sales: Units Acquired
TB MC Qu. 05-109 (Algo) Marquis Company uses... Marquis Company uses a weighted-average perpetual Inventory system and has the following purchases and sales: Units Acquired at Cost Date August 2 August 18 August 29 Activities Purchase Units Sold at Retail Purchase Sales 10 units $26 $260 15 units $28 $420 12 units sold What is the amount of the cost of goods sold for this sale? (Round average cost per unit to 2 decimal places.) Multiple Choice O $680.00 $420.00 $326.40
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