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    Fundamentals of Financial Accounting Study Set 3
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    Exam 7: Inventory and Cost of Goods Sold
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    Acme Sells 150 Units During This Quarter
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Acme Sells 150 Units During This Quarter

Question 97

Question 97

Multiple Choice

Acme sells 150 units during this quarter.Acme uses the weighted average method.What is its cost of goods sold for the quarter?


A) $600
B) $705
C) $750
D) $900

Correct Answer:

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