Question: 3. Using weighted-average cost, calculate (a) ending inventory, (b) cost of goods sold, (c) sales revenue, and (d) gross profit 4. Determine which method wi

3. Using weighted-average cost, calculate (a) ending inventory, (b) cost of goods sold, (c) sales revenue, and (d) gross profit 4. Determine which method wi Il result in higher profitability when inventory costs are rising

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