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Calculate the value of ending inventory using the weighted average method for Ford Motor Company. Utilize the following information: Beginning Inventory: $5,000,000 Purchases during the
Calculate the value of ending inventory using the weighted average method for Ford Motor Company. Utilize the following information:
•Beginning Inventory: $5,000,000
•Purchases during the year: $20,000,000
•Units sold during the year: 50,000
•Ending Inventory: 10,000 units
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