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Tread Inc. had the following information related to its inventory during a recent year. Beginning inventory 200 units @ $35 Purchase #1 800 units @$37
Tread Inc. had the following information related to its inventory during a recent year. Beginning inventory 200 units @ $35 Purchase #1 800 units @$37 Sale # 500 units @$60 Purchase #2 600 units @$39 Sale #2 700 units @$60 What is the amount of cost of goods sold and ending inventory which should be reported on for the year by Tread uses the periodic weighted average method? Cost of goods sold Ending Inventory
$44,800 15,200 | ||
$45,200 14,800 | ||
$45,600 14,400 | ||
$45,000 15,000 |
|
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