Hello,

Can someone please help me find the ending inventory for the "moving-average cost". ( see below)

Thanks!

Coronado Appliance uses a perpetual inventory system. For its flat-screen television sets, the January 1 inventory was3sets at $460each. On January 10, Coronado purchased6units at $600each. The company sold2units on January 8 and5units on January 15.

Compute the ending inventory under moving-average cost. (Round average-cost per unit to 2 decimal places, e.g. 12.50 and final answer to 0 decimal places, e.g. 1,250.)

MOVING-AVERAGE COST

The ending inventory

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