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* Your answer is incorrect. Calculate the cost of goods sold for May and the ending inventory at May 31 using the average cost formula.
* Your answer is incorrect. Calculate the cost of goods sold for May and the ending inventory at May 31 using the average cost formula. (For average, use 3 decimal places, e.g. 15.235 in your calculations and round final answers to 3 decimal places, eg 5.255.) Cost of goods sold $ 407 $ $ Ending Inventory $ 500
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