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Toasty Treats has beginning inventory of $150,000 ending inventory of $230,000. Sales for the period were $1,030,000 and cost of goods sold of $850,000. What
Toasty Treats has beginning inventory of $150,000 ending inventory of $230,000. Sales for the period were $1,030,000 and cost of goods sold of $850,000. What is Toasty Treats' average days to sell inventory? (round up to the nearest whole day) When moving average unit cost is used to value inventory using the perpetual method, how often is the average cost of inventory calculated? every time material is purchased with every inventory transaction at the end of the accounting period with every sale
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