Intercontinental, Incorporated, uses a perpetual inventory system. Consider the following information about its inventory: August...
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Intercontinental, Incorporated, uses a perpetual inventory system. Consider the following information about its inventory: August purchased units for $ or $ per unit; August purchased units for $ or $ per unit; August sold units; August purchased units for $ or $ per unit; August purchased units for $ or $ per unit; August sold units.
Using weighted average, the cost of goods sold for the sale of units on August is is and the inventory balance at August
Cost of goods sold
Inventory balance
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