Maxim Corporation has provided the following information about one of its products: Date Transaction Number...
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Accounting
Maxim Corporation has provided the following information about one of its products: Date Transaction Number of Units Cost per Unit 1/1 Beginning Inventory 220 $144 6/5 Purchase 420 $164 11/10 Purchase 120 $204 During the year, Maxim sold 440 units. What is cost of goods sold using the average cost method? Note: Do not round intermediate computations
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