Question
A company purchased 100 units for $ 50 each on January 31. It purchased 150 units for $ 35 each on February 28. It sold
A company purchased 100 units for $ 50 each on January 31. It purchased 150 units for $ 35 each on February 28. It sold a total of 200 units for $ 50 each from March 1 through December 31. If the company uses the weightedaverage inventory costingmethod, calculate the cost of ending inventory on December 31.
8,200
2,050
10,250
2,125
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Intermediate Accounting
Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield
13th Edition
9780470374948, 470423684, 470374942, 978-0470423684
