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Calculate Marin Supplies Ltd. ending inventory balance using: (Round calculattons for cost per unit to 2 decimal places, eg, 10.52 and final answers to o
Calculate Marin Supplies Ltd. ending inventory balance using: (Round calculattons for cost per unit to 2 decimal places, eg, 10.52 and final answers to o decimal places, eg. 61,052.) i. FIFO ii. Weighted-average Which of the two inventory cost formulas results in the larger inventory balance at the end of March? The cost formula results in a larger inventory balance at the end of March. At the beginning of its operations in March 2024, Marin Supplies Ltd. began with 8,100 units of inventory that it purchased at a cos $7.50 each. The company's purchases during March were as follows: Marin Supplies uses a periodic inventory system
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