Question: Use the average (AVG) cost allocation method, with perpetual inventory updating, to calculate (a) sales revenue, (b) cost of goods sold, and c) gross margin

 Use the average (AVG) cost allocation method, with perpetual inventory updating,

Use the average (AVG) cost allocation method, with perpetual inventory updating, to calculate (a) sales revenue, (b) cost of goods sold, and c) gross margin for XYZ Company, considering the following transactions. ( 6 pts)

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