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Saved Help Madison Outlet has the following inventory transactions for the year: Date Jan. 1 Mar. 14 Transaction Beginning inventory Purchase Numbers of Units 10
Saved Help Madison Outlet has the following inventory transactions for the year: Date Jan. 1 Mar. 14 Transaction Beginning inventory Purchase Numbers of Units 10 15 Unit Cost $ 200 300 Total cost $2,000 4,500 $6,500 Jan. 1 - Dec. 31 Total sales to customers 12 What amount would Madison report for ending inventory using weighted-average cost? Multiple Choice $3,120. $3,380. $3,250 $3.000
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