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4. A company had the following information regarding inventory # items cost per unit Beginning Balance Purchase: March 14 23 $10.00 20 $10.50 Purchase:
4. A company had the following information regarding inventory # items cost per unit Beginning Balance Purchase: March 14 23 $10.00 20 $10.50 Purchase: March 19 Purchase: August 3 15 $11.00 30 $11.50 12 $12.50 Purchase: December 22 If the ending inventory contained 25 items and the company uses FIFO, what is the value of ending inventory? a. $251.00 c. $299.50 PA b. d. $274.50 $349.00 5. A company had the following information regarding inventory #items cost per unit Beginning Balance 23 $10.00 Purchase: March 14 20 $10.50 Purchase: March 19 15 $11.00 Purchase: August 3 30 $11.50 12 $12.50 Purchase: December 22 If the ending inventory contained 25 items and the company uses LIFO, what is the value of ending inventory? a. $251.00 c. $299.50 6. PA b. $274.50 d. $349.00 A company had the following information regarding inventory Beginning Balance Purchase: March 14 Purchase: March 19 Purchase: August 3 Purchase: December 22 of ending inventory? a. $251 # items cost per unit 23 $10.00 20 $10.50 15 $11.00 30 $11.50 12 $12.50 If the ending inventory contained 25 items and the company uses weighted-average, what is the value c. $300 b. $275 d. $349
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