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A company uses the periodic inventory system and had the following activity during the current monthly period. Date Activities Units Acquired at Cost Units Sold
A company uses the periodic inventory system and had the following activity during the current monthly period. Date Activities Units Acquired at Cost Units Sold at Retail November 1 Beginning inventory 168 units @ $20 = $3,360 November 5 Purchase 134 units @ $22 = $2,948 November 8 Purchase 84 units @ $23 = $1,932 November 16 Sales 268 units @ $45 November 19 Purchase 84 units @ $25 = $2,100 Using the weighted-average inventory method, the company's ending inventory would be:
A company uses the periodic Inventory system and had the following activity during the current monthly period. Using the weighted-average inventory method, the company's ending inventory would be: Multple Cnolce $2,536 $5,896 $3,360 $4,444 $3.790Step by Step Solution
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