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A company has provided the following information about one of its products: Number Cost of per Date 1/1 Transaction Units Unit Beginning 275 $155
A company has provided the following information about one of its products: Number Cost of per Date 1/1 Transaction Units Unit Beginning 275 $155 Inventory 6/5 11/10 Purchase 475 $175 Purchase 175 $215 During the year, the company sold 550 units. What is ending inventory using the average cost method? (Do not round intermediate computations.) Multiple Choice $66,233. $68,233. $81,125. $83,125.
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Accounting Information Systems
Authors: Marshall B. Romney, Paul J. Steinbart
13th edition
133428532, 978-0133428537
