FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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Transcribed Image Text:The weighted-average cost method is
used by Mendez, Inc. Sales are $80,000,
the number of units available for sale is
100, the number of units sold during the
period is 75, and the weighted average
cost of the goods available for sale is
$200 each.
How much is gross profit for the
company?
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