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.)
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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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