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The Lighting Showcase sells many different light bulbs and uses a periodic Inventory system. During February 2021, the company had beginning inventory, purchases, and sales
The Lighting Showcase sells many different light bulbs and uses a periodic Inventory system. During February 2021, the company had beginning inventory, purchases, and sales for bulb 101 as follows: Instructions Prepare a schedule to determine the cost of goods sold and ending inventory using the weighted average cost formula for the period ended February 28, 2021. Round dollar
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