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Addison, Inc. uses a perpetual inventory system. The following is information about one inventory item for the month of september: Sep. 1 Inventory 24 units
Addison, Inc. uses a perpetual inventory system. The following is information about one inventory item for the month of september:
Sep. 1 Inventory 24 units at $15 5 sold 17 units 17 purchased 10 units at $20 30 sold 8 units
If Addison uses weighted Average, the cost of the ending merchandise inventory on September 30 is
a. $143.52 b. $161.46 c. $300.15 d. $340.52
Please help! Due at 11:59 p.m. Thanks!
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