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22) The periodic inventory records of Canine Veterinary Supply indicate the following for the month of April: Apr. 1 Beginning merchandise inventory 15 units @
22) The periodic inventory records of Canine Veterinary Supply indicate the following for the month of April: Apr. 1 Beginning merchandise inventory 15 units @ $32 each 7 Purchase 7 units @ $34 each 18 Purchase 12 units @ $37 each 26 Purchase 10 units @ $40 each As of April 30, Canine counts 8 units of merchandise inventory on hand. Compute ending merchandise inventory for Canine using the weighted-average inventory method. (Round the per unit cost to two decimal places.) A) $1,562 C) $284 E) none of the above 4 B) $1,278 D) $480
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