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Wildhorse Company sells leather saddles and equipment for horse enthusiasts. Wildhorse uses the perpetual inventory system. The following schedule relates to the company's inventory for
Wildhorse Company sells leather saddles and equipment for horse enthusiasts. Wildhorse uses the perpetual inventory system. The following schedule relates to the company's inventory for the month of May: Calculate Wildhorse Company's cost of goods sold, gross margin, and ending inventory using weighted-average. (Round calculations for cost per unit to 2 decimal places, e.g. 10.52 and final answers to 0 decimal places, e.g. 61,052 .) Sunland Company sells leather saddles and equipment for horse enthusiasts. Sunland uses the periodic inventory system. The following schedule relates to the company's inventory for the month of May: Calculate Sunland Company's cost of goods sold, gross margin, and ending inventory using weighted-average. (Round calculations for cost per unit to 2 decimal places, e.g. 10.52 and final answers to 2 decimal places, e.g. 610.52 .) Cost of goods sold $ Gross margin $ Ending inventory $
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