Question
Jacob, Inc. had the following balances and transactions during 2025: Beginning Merchandise Inventory March 10 11 units at $93 Sold 9 units June 10
Jacob, Inc. had the following balances and transactions during 2025: Beginning Merchandise Inventory March 10 11 units at $93 Sold 9 units June 10 October 30 Purchased 22 units at $90 Sold 17 units What is the amount of the company's ending Merchandise Inventory, as disclosed in the December 31, 2025 balance sheet, using the periodic weighted - average inventory costing method? (Round the unit costs to two decimal places and total costs to the nearest dollar.) A. $283 B. $637 OC. $90 OD. $116
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