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shibofori shibofori
  • 26-05-2024
  • Mathematics
Answered

On May 1 cullumber company had beginning inventory consisting of 252 units with a unit cost of $5. During May the company purchased inventory as follows. 504 units at $5. 756 units at 6 dollar. The company sold 1260 units during the month for $9 dollar per units.Cullumber uses the average cost method. Assuming that a periodic inventory system is used, the cost of cullumber inventory at May 31 is as follows

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