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Isaiah Sporting Goods Uses the Perpetual Average Cost Method of Determining

Question 28

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Isaiah Sporting Goods uses the perpetual average cost method of determining inventory costs.
Below is the inventory record for Product C124.
Isaiah Sporting Goods uses the perpetual average cost method of determining inventory costs. Below is the inventory record for Product C124.     What is the average cost per unit after the receipt of the June 21 inventory?
What is the average cost per unit after the receipt of the June 21 inventory?

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$6.67
Calculation: (...

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