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1 . Question 38 (1 point) A company just starting a business purchased three inventory items at the following prices: March 2. $150: March 7.

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1 . Question 38 (1 point) A company just starting a business purchased three inventory items at the following prices: March 2. $150: March 7. $160, and March 15, $180. If the company sold one unit for $230 on March 10 and one unit for $250 on March 20 and uses the average cost formula in a perpetual inventory system, what is the cost of ending inventory? NI TO $163.34 10 11 12 O $167.50 13 15 O $250.00 18 17 18 $180.00 19 20 21 Question 39 (1 point) Two employees at a retail store work the same cash register. You evaluate this situation as 22 23 24 supporting assignment of responsibility. 25 26 27 a violation of assignment of responsibility, 22 22 30 O a violation of segregation of dutics. supporting review and reconciliation, 31 32

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