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37) Jacob, Inc. had the following balances and transactions during 2019: Beginning Merchandise Inventory March 10 June 10 October 30 10 units at $90 Sold
37)
Jacob, Inc. had the following balances and transactions during 2019: Beginning Merchandise Inventory March 10 June 10 October 30 10 units at $90 Sold 7 units Purchased 30 units at $86 Sold 25 units What is the amount of the company's ending Merchandise Inventory, as disclosed in the December 31, 2019 balance sheet, using the periodic weighted - average inventory costing method? (Round the unit costs to two decimal places and total costs to the nearest dollar.) O A. $323 OB. $86 OC. $103 OD. $696Step by Step Solution
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