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Current Attempt in Progress Wildhorse Company uses the periodic inventory system to account for inventories. Information related to Wildhorse Company's inventory at October 31 is
Current Attempt in Progress Wildhorse Company uses the periodic inventory system to account for inventories. Information related to Wildhorse Company's inventory at October 31 is given below: (a) Your answer is correct. Value the ending inventory using the FIFO cost assumption if 690 units remain on hand at October 31. Value the ending inventory using the average-cost method if 690 units remain on hand at October 31. (Round weighted-average cost per unit to 2 decimal places, e.g. 15.25 and final answer to 0 decimal places, e.g. 1,525.) Ending inventory $ Attempts: 0 of 2 used (c) The parts of this question must be completed in order. This part will be available when you complete the part above
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