(Answered) Question - january 1 balance 690 units 60 41400purchases

Accounting

Question - January 1 balance, 690 units @ $60 $41,400Purchases: January 10:690 units @ $64January 20:1,220 units @ $66Sales: January 12:1,000 unitsJanuary 28:800 units

Required: Compute the January 31 ending inventory and cost of goods sold for January, assuming Denver uses average cost and a perpetual inventory system.

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