2 ctice.flatworldknowledge.com/courses/16775/assignments/131139/view/attempt W S Chapter 9. Why Does a Compax Courses > ACCT 240 - Principles of Accounting I: Fall 20... > Chapter 9. Why Does a Company Need a Cost Flow As Full Screen # X A company starts the year with twenty units of inventory costing $20 each. In January, ten of these units are sold for $40 each. Then, ten new units are bought for $22 each. Shortly thereafter, ten units are sold for $50 each. Then, ten units are bought for $27 each. Finally, near the end of the year, ten units are sold for $60 each. a. If a weighted average (periodic) system is in use, the cost of ending inventory is: $ 3 b. If a moving average (perpetual) system is in use, the cost of ending inventory is: $ Read the related chapter * E D A Accessibility $ 0 4 R % ExPrep Portal Q Search 5 T G F Il v 11 V 6 & Y B hp 7 H X * U N G A company starts the year with x | + 8 J fg M 9 K fio Check Answers 11 L P 112 0 O Qu Qu Qu {