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Crump, Inc. has the following inventory data: July 1 7 22 22 Beginning inventory Purchases Purchases 36 units at $20 $720 126 units at
Crump, Inc. has the following inventory data: July 1 7 22 22 Beginning inventory Purchases Purchases 36 units at $20 $720 126 units at $21 2646 18 units at $22 396 $3762 A physical count of merchandise inventory on July 30 reveals that there are 46 units on hand. Using the average cost method, the value of ending inventory is O $984. O961. $966. O $1012.
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Intermediate Accounting Reporting and Analysis
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
1st edition
1111822360, 978-1337116619, 1337116610, 978-1111822378, 1111822379, 978-1111822361
