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The accounting records of Novak Corp. show the following data. Beginning inventory 3,100 units at $8 Purchases 8,710 units at $10 9,553 units at $13
The accounting records of Novak Corp. show the following data. Beginning inventory 3,100 units at $8 Purchases 8,710 units at $10 9,553 units at $13 Sales Calculate average unit cost. (Round answer to 3 decimal places, e.g. 5.125.) Average unit cost per unit SHOW LIST OF ACCOUNTS Determine cost of goods sold during the period under a periodic inventory system using the FIFO method, the LIFO method, and the average-cost method. (Round answers to 0 decimal places, e.g. 125.) FIFO LIFO Average-cost Cost of goods sold Click if you would like to Show Work for this question: Open Show Work
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