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The periodicinventory records of Wexton Prosthetics indicate the following for the month of October At October 31, Wexton counts tenunits of inventory on hand. Compute
The periodicinventory records of Wexton Prosthetics indicate the following for the month of October At October 31, Wexton counts tenunits of inventory on hand. Compute ending merchandise inventory and cost of goods sold for Wexton using the weighted average inventory costing method. Data Table Oct. 1 Beginning merchandise inventory 20 units @ $60 each 8 Purchase 20 units @ $50 each 15 Purchase 15 units @ $29 each 26 Purchase 15 units @ $25 each Weighted average Ending Merchandise Inventory Cost of Goods Sold
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