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The following is a record of Grouper Companys transactions for the month of May 2017. May 1 Balance 390 units @ $20 May 10 Sale
The following is a record of Grouper Companys transactions for the month of May 2017.
| May 1 | Balance 390 units @ $20 | May 10 | Sale 300 units @ $35 | |||
| 12 | Purchase 540 units @ $25 | 20 | Sale 490 units @ $35 |
Compute the cost of ending inventory using the moving-average method.
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Principles Of Auditing And Other Assurance Services
Authors: Ray Whittington, Kurt Pany
17th Edition
0073379654, 9780073379654
