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Beginning merchandise inventory : 10 units at 95 dollars March 10 : Sold 8 units June 10 : purchased 20 units at 92 dollars October
Beginning merchandise inventory : 10 units at 95 dollars
March 10 : Sold 8 units
June 10 : purchased 20 units at 92 dollars
October 30 : Sold 15 units
What is the amount of the companys Merchandise Inventory,as disclosed in the December 31,2014 balance sheet as per the periodic weighted-average costing methods ?
a)140 dollars
b)398 dollars
c)186 dollars
d)651 dollars
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