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The following transactions occurred for the month of May. Calculate the Cost of Goods Sold, Ending inventory, and Gross Profit for the month under Weighted
The following transactions occurred for the month of May.
Calculate the Cost of Goods Sold, Ending inventory, and Gross Profit for the month under
Weighted Averages. Do not round the unit cost. Do round total costs to the nearest cent on
each transaction.
End of the month totals
Cost of Goods Sold $
Ending Inventory
Gross Profit
$
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