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13 January, 01:02

Assume ABC uses the average cost method of inventory valuation. What unit cost would be used to determine the amount in ending inventory or cost of goods sold?

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  1. 13 January, 04:19
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    The correct answer is $13.60

    Explanation:

    Taking into account the average cost method, the sum of all the values presented as unit costs per unit is performed, which results in the figure of $ 68. Finally, the division is made by the amount of securities presented (5), which results in the amount of $ 13.60.
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