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What is cost of goods? sold

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Point 1: A company has a beginning inventory of $ 50000 and purchases during the year of $ 80000. The beginning inventory consisted of 4 000 units and 9 000 units were purchased during the year. The company has 3000 units left at year minus end.

Question 1: Under average minus cost, what is Cost of Goods? Sold? (Round any intermediary calculations to two decimal places and your final answer to the nearest? dollar.)

Reference no: EM132479120

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