Unethical Practices in Financial Reporting Have Cost
At the time of the second sale of 180 units the AVG assumption directs the company to cost out the 180 at 2629 for a total cost on the. Recalculating the average cost after this purchase is accomplished by dividing total cost of goods available for sale which totaled 6705 at that point by the number of units held which was 255 units for an average cost of 2629 per unit.
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