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A company has a beginning inventory of 60000 and purchases

Question - A company has a beginning inventory of $60,000 and purchases during the year of $120,000. The beginning inventory consisted of 2,000 units and 8,000 units were purchased during the year. The company has 5,000 units left at year-end. Under average-cost, what is Cost of Goods Sold?

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Accounting Basics: A company has a beginning inventory of 60000 and purchases

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