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A Company Had Inventory on November 1 of 5 Units

question 42

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A company had inventory on November 1 of 5 units at a cost of $20 each. On November 2, they purchased 10 units at $22 each. On November 6 they purchased 6 units at $25 each. On November 5, 8 units were sold for $55 each. Using the weighted average perpetual inventory method, what was the value of the inventory on November 30?


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African Americans

A racial or ethnic group in the United States with ancestry from the black racial groups of Africa, known for their rich cultural heritage and historical contributions.

Points

A system of quantifying or scoring performance, achievements, or characteristics in various contexts.

IQs of Americans

refers to the statistical measure of the intelligence quotient levels among the American population.

Per Decade

Referring to or occurring every ten years, often used in context with statistics, trends, or measurements.

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