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A company uses the periodic Inventory system and had the following activity during the current monthly perlod. 109 Units @ $20 109 Units @ $22
A company uses the periodic Inventory system and had the following activity during the current monthly perlod. 109 Units @ $20 109 Units @ $22 November 1: Beginning inventory November 5: Purchased November 8: Purchased 59 Units @ $23 November 16: Sold 162 Units @ $90 60 Units @ $25 November 19: Purchased Using the weighted-average Inventory method, the company's ending Inventory would be: Multiple Choice $3,861 $2180 $5,037 $2.857 $3,680
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