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Find the periodic and perpetual weighted average cost

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Reference no: EM132541982

Question 1: Using the following information, find the Periodic and Perpetual weighted average cost.

Beginning Inventory: 20 units at $3

May 1 Purchase: 24 units at $3.25

May 3 Sale: 35 units

May 7 Purchase: 57 units at $3.50

May 9 Sale: 30 units

Reference no: EM132541982

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