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Calculate average unit cost

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Question - The accounting of Metlock, Inc. show the following data.

Beginning inventory

3,140 units at $8

Purchases

8,070 units at $10

Sales

9,643 units at $13

Calculate average unit cost.

Determine cost of goods sold during the period under a periodic inventory system using the FIFO method, the LIFO method, and the average-cost method.

Reference no: EM132170953

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