The Music World Store carries a large inventory of guitars and other musical instruments. Company...
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Accounting
The Music World Store carries a large inventory of guitars and other musical instruments. Company records indicate the following for a particular line of guitars. Required Assume that the store uses the moving-weighted-average-cost method. Prepare The Music World Store's perpetual inventory record for the guitars on the moving-weighted-average-cost basis. Round average cost per unit to the nearest cent and all other amounts to the nearest dollar
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