Flynn Cycles uses the moving-weighted-average-cost method. Flynn started June with five bicycles that cost ($ 190) each.
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Flynn Cycles uses the moving-weighted-average-cost method. Flynn started June with five bicycles that cost \(\$ 190\) each. On June 16, Flynn bought 20 bicycles at \(\$ 200\) each. On June 30, Flynn sold 15 bicycles. Prepare Flynn's perpetual inventory record.
Round average cost per unit to the nearest cent and all other amounts to the nearest dollar.
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Related Book For 
Horngrens Accounting Volume 1
ISBN: 9780135359709
11th Canadian Edition
Authors: Tracie Miller Nobles, Brenda Mattison, Ella Mae Matsumura, Carol Meissner, JoAnn Johnston, Peter Norwood
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