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Home Q & A Board Other Fields Homework Help Business Accounting
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majestico majestico
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6 years ago
Hall Novelty Shop uses a periodic inventory system. It sold 65 balloons during April. Other data for April includes:

Apr. 1   Balance   40 @ $2.00
11     Purchased   40 @ $4.00
25     Purchased   20 @ $6.00

Cost of goods sold under the weighted-average method (rounded to the nearest dollar) is:
A) $234.
B) $432.
C) $52.
D) $48.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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AugustisAugustis
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6 years ago
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majestico Author
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#2
6 years ago
This is excellent. Excellent answer
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#3
5 years ago
Happy to help Slight Smile
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