Question: Cost of Goods Sold Calculation (Average Cost Method): Item Quantity Cost per Unit ($) Product A 200 16 Product B 250 18 Product C 150

  1. Cost of Goods Sold Calculation (Average Cost Method):

Item

Quantity

Cost per Unit ($)

Product A

200

16

Product B

250

18

Product C

150

20

Calculate the cost of goods sold using the Average Cost method. 

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