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12-11-2022
Business

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Weighted average cost flow method under perpetual inventory system
The following units of a particular item were available for sale during the calendar year:
Jan. 1
Inventory
9,000 units at $50.00
Mar. 18
Sale
7,000 units
Purchase
8,000 units at $56.50
8,000 units
4,000 units at $60.00
May 2
Aug. 9
Oct. 20
Sale
Purchase

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