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Inventory Valuation using Weighted Average Cost: Requirements: Calculate the value of ending inventory using the weighted average cost method with the following data: Beginning Inventory:


Inventory Valuation using Weighted Average Cost:

  • Requirements: Calculate the value of ending inventory using the weighted average cost method with the following data:
    • Beginning Inventory: 500 units at $8 per unit
    • Purchases: 800 units at $10 per unit
    • Sales: 900 units

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