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Jan 10 A company sells 1,050 units during the first quarter of the year at a selling price of $20 per unit. In addition, the

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Jan 10 A company sells 1,050 units during the first quarter of the year at a selling price of $20 per unit. In addition, the company has a beginning inventory of 600 units that were purchased at $10 per unit, and the following purchases and sales, Date Units sold Units purchased Cost per unit 300 $11 Jan 25 500 Feb 7 400 $12 Feb 14 250 Mar 5 300 Mar 27 650 $14 What is the company's ending inventory if it uses a periodic inventory system and the weighted average cost method? O a $10,708 O b. $12,010 O c. $11,600 Od. $10,816 O e. $11,124 QUESTION 4 Use the following information to calculate the change in real GDP for an economy as measured in 2012 prices. Year GDP ($billion) GDP deflator 2012 $1,450 100 2017 $1,900 150 a. Increased by $450 billion, b. Decreased by $275 billion. O Decreased by 5226 billion Od. Decreased by $183 billion. O e Decreased by 5147 billion

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