Three identical units of merchandise were purchased during July, as follows: Assume one unit sells...
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Accounting
Three identical units of merchandise were purchased during July, as follows: Assume one unit sells on July 28 for $34. Determine the gross proft, cost of goods sold, and ending inventory on July 31 using the (o) first-in, first-out, (b) iast-in, first-out, and (c) weighted average cost flow methods
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