Weighted-average cost flow assumption

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The following information relates to inventory for Shoeless Joe, Inc.

Date Quantity Price

March 1 Beginning Inventory 20 $2

March 7 Purchase 15 3

March 11 Purchase 15 6

March 12 Sale 30 7

At what amount would Shoeless report cost of goods sold using the weighted-average cost flow assumption? (Round your answer to the nearest dollar.)

Reference no: EM133253593

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