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LLB Company employs a periodic inventory system and sells its inventory to customers for $ 2 5 per unit. LLB Company had the following inventory
LLB Company employs a periodic inventory system and sells its
inventory to customers for $ per unit. LLB Company had the
following inventory information available for May:
May Beginning inventory units a $ cost per unit
May Purchased units @ $ cost per unit
May Sold units
May Purchased units @ $ cost per unit
May Purchase units a $ cost per unit
May Sold units
May Purchased units a $ cost per unit
LLB Company reported operating expenses of $ for May.
Calculate the dollar amount of ending inventory shown on
LLB Company's May balance sheet using the weighted
average method.
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