Question: Akshay Limited uses the average cost formula in a perpetual inventory system. Fill in the missing amounts for items [1] to [13] in the following

Akshay Limited uses the average cost formula in a perpetual inventory system. Fill in the missing amounts for items [1] to [13] in the following perpetual inventory schedule. (Use unrounded numbers in your calculations but round to the nearest cent for presentation purposes in your answer.)

Akshay Limited uses the average cost formula in a perpetual

PurchasesCost of Goods Sold Balance Date Units Cost Total Units Cost Total Units Cost Total Apr. 1 15 $180 $2,700 2 4[31 25 5[6] [9[8] 1[12] 6 30[1] $6,000 14 10] 205 2,460

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1 200 6000 30 2 45 15 30 3 8700 27006000 4 1933333 8700 from 3 45 from 2 5 19333 fro... View full answer

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