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EXPLAIN HOW Beginning Inventory 10 pairs $20= $200 January 6 Purchase 4 pairs $25=$100 January 10 Sale 5 pairs N/A January 15 Purchase 7 pairs
EXPLAIN HOW
Beginning Inventory 10 pairs
$20= $200
January 6 Purchase 4 pairs
$25=$100
January 10 Sale 5 pairs N/A
January 15 Purchase 7 pairs
$30=$210
January 20 Sale 10 pairs
N/A
January 25 Purchase 4 pairs
$30=$120
The cost of goods sold using the periodic average cost method is
Select one:
a. $265
b. $358
c. $236
d. $378