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In: Accounting

Weighted-average Ending Merchandise Inventory _______________ Cost of Goods Sold ________________ Could you please fill in the...

Weighted-average Ending Merchandise Inventory _______________ Cost of Goods Sold ________________ Could you please fill in the blank?

What is the weighted average?

Jul. 1

Beginning merchandise inventory

6 units @ $60 each

Jul. 8

Purchase

5 units @ $67 each

Jul. 15

Purchase

10 units @ $70 each

Jul. 26

Purchase

5 units @ $85 each

Solutions

Expert Solution

ekkarill92 answered 2 years ago
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