inventory had 10 units @ $100, and they made the following purchases, during the year. (listed in chronological order of acquisition):
·40 units at $120
·70 units at $125
80 units at $130
The sales in units was 120 at $ 180.00 per unit.
Determine the Cost of Goods Sold, Ending Inventory, and Gross Profit for the following 3 methods
Weighted Average (rounded)
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