Business
Business, 29.04.2021 20:50, michellealvarez985

During 2021, a company sells 470 units of inventory for $91 each. The company has the following inventory purchase transactions for 2021: Date Transaction Number of Units Unit Cost Total Cost Jan. 1 Beginning inventory 75 $ 76 $ 5,700 May 5 Purchase 264 77 20,328 Nov. 3 Purchase 188 79 14,852 527 $ 40,880 Calculate cost of goods sold and ending inventory for 2021 assuming the company uses the weighted-average cost method

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During 2021, a company sells 470 units of inventory for $91 each. The company has the following inve...

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