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Inventory records for Dunbar Incorporated revealed the following: Inventory records for Marvin Company revealed the following: Inventory records for Dunbar Incorporated revealed the following: Date
Inventory records for Dunbar Incorporated revealed the following:
Inventory records for Marvin Company revealed the following:
Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning Inventory Apr.20 Purchase Number of Units 500 400 Unit Cost $2.40 2.50 Dunbar sold 700 units of inventory during the month. Ending Inventory assuming weighted-average cost would be: (Round weighted-average unit cost to 4 decimals) Multiple Choice $490. $480. $502 Dunbar sold 700 units of inventory during the month. Ending inventory as (Round weighted-average unit cost to 4 decimals) Multiple Choice $490. O $480. $502. $489. Inventory records for Marvin Company revealed the following: Date Transaction Mar. 1 Beginning inventory Mar.10 Purchase Mar.16 Purchase Mar.23 Purchase Number of Units 1,080 540 391 540 Unit Cost $7.10 7.60 8.20 8.90 Marvin sold 1,910 units of inventory during the month. Ending Inventory assuming FIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice $5,634 $7,668 Marvin sold 1,910 units of Inventory during the month. Ending inventory ass ntermediate calculations. Round your answer to the nearest dollar amou Multiple Choice $5,634. $7,668. $1,118 $9,165 Step by Step Solution
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