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Use the Information That Follows Concerning Ruby Company to Answer

Question 94

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Use the information that follows concerning Ruby Company to answer problems 18 through 20.
Ruby Company sells office supplies. Below is a list of purchases and sales for the month of January:
Use the information that follows concerning Ruby Company to answer problems 18 through 20. Ruby Company sells office supplies. Below is a list of purchases and sales for the month of January:    -Ruby uses the averaging cost flow assumption. Calculate its January cost of goods sold.
-Ruby uses the averaging cost flow assumption. Calculate its January cost of goods sold.

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[(10 x $6) + (40 x $...

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