Marquis Company uses a weighted average perpetual inventory system and has the following purchases and sales:...

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Marquis Company uses a weighted average perpetual inventory system and has the following purchases and sales: August 2 August

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Answer 1

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Weighted average cost = [(19 units x $ 10)+(24 units x $ 12)]/(19 units + 24 units)
= (190 + 288) / 43
= $ 478 / 43
= $ 11.12 per unit
Cost of Goods Sold = 21 units sold x $ 11.12
= $ 233.52 or $ 234 Answer

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Answer 2

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Marquis Company uses a weighted average perpetual inventory system and has the following purchases and sales:...

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Marquis Company uses a weighted-average perpetual inventory system and has the following purchases and sales: August...

Marquis Company uses a weighted-average perpetual inventory system and has the following purchases and sales: August...

Marquis Company uses a weighted average perpetual inventory system and has the following purchases and sales

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Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions...

Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions...

Warnerwoods Company uses a perpetual inventory system. It entered into the following purchases and sales transactions...

Montoure Company uses a perpetual inventory system. It entered into the following calendar-year purchases and sales...

Marquis Company uses a weighted average perpetual inventory system and has the following purchases and sales:...

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