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Ronald Company had the following balances and transactions during 2014. Beginning merchandise inventory 10 units at $95 March 10 Sold 8 units June 10 Purchased
Ronald Company had the following balances and transactions during 2014.
Beginning merchandise inventory | 10 units at $95 |
March 10 | Sold 8 units |
June 10 | Purchased 20 units at $92 |
October 30 | Sold 15 units |
What is the amount of the company's Merchandise Inventory, as disclosed in the December 31, 2014 balance sheet as per the periodic weightedminusaverage costing method?
A.
$140
B.$651
C.$398
D.$186
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