Julie Ltd is a retailer selling USB sticks and uses the perpetual inventory system and the Weighted

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Julie Ltd is a retailer selling USB sticks and uses the perpetual inventory system and the Weighted Average Cost to value inventories.

On August 1, there were 10,000 units valued at $30,000 in the beginning inventory.

On August 10, 20,000 units were purchased for $6 per unit.

On August 15, 24,000 units were sold for $12 per unit.

The amount relating to cost of sales on August 15 was

Posted Date: May 18, 2024 08:09 PM

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Julie Ltd is a retailer selling USB sticks and uses the perpetual inventory system and the Weighted

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