Question: DEF Corporation uses the weighted average cost method for inventory valuation. The following data is available: Beginning Inventory: 100 units at $10 per unit Purchases:


  • DEF Corporation uses the weighted average cost method for inventory valuation. The following data is available:

    • Beginning Inventory: 100 units at $10 per unit
    • Purchases: 200 units at $12 per unit
    • Sales: 150 units

  • Calculate the cost of goods sold and ending inventory.

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