Question

Refer to the information for Filimonov Inc. in the box above. Assume that Filimonov uses a perpetual inventory system.

Required:
Calculate the cost of goods sold and the cost of ending inventory using the average cost method. (Use four decimal places for per unit calculations and round all other numbers to the nearestdollar.)


$1.99
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  • CreatedJuly 23, 2012
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