GH Inc. uses the Weighted Average cost formula in a perpetual inventory system. Fill in...
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GH Inc. uses the Weighted Average cost formula in a perpetual inventory system. Fill in the missing amounts in the table below. Find COGS and Ending Inventory
Purchases
COGS
Balance on the floor
Date
Explanation
Units
Unit cost $
Total $
Units
Unit cost $
Total$
Units
Unit cost$
Total$
Begin
Beginning Inventory
100
80
8000
Oct.1
purchase
30
70
2100
Oct.2
sale
75
Oct.4
purchase
20
65
1300
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