Question
Inventory records for Dunbar Incorporated revealed the following: DateTransactionNumber of UnitsUnit CostApr.1Beginning inventory570$2.46Apr.20Purchase3502.71 Dunbar sold 620 units of inventory during the month. Ending inventory assuming
Inventory records for Dunbar Incorporated revealed the following:
DateTransactionNumber
of UnitsUnit
CostApr.1Beginning inventory570$2.46Apr.20Purchase3502.71
Dunbar sold 620 units of inventory during the month. Ending inventory assuming weighted-average cost would be:(Round weighted-average unit cost to 4 decimal places and final answer to the nearest dollar amount.)
Multiple Choice
- A: $746.
- B: $767.
- C: $867.
- D: $776.
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Intermediate Accounting 2014 FASB Update
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
15th edition
978-1118938782, 111893878X, 978-1118985311, 1118985311, 978-1118562185, 1118562186, 978-1118147290
