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Assume that Maycces uses a periodic weighted average inventory system. Its ending inventory consists of 13 units. Calculate the dollar value of its ending inventory
Assume that Maycces uses a periodic weighted average inventory system. Its ending inventory consists of 13 units. Calculate the dollar value of its ending inventory assuming the following information. Jan. 1 Beginning Inventory 8 a $12=$96 Jan. 5 Purchase 12 @ $15=$180 Jan. 30 Purchase 10 @ $18= $180 Feb. 8 Sale 17 units x $50 each 0 $225 O $197.60 O $258.40 O $195
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