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The Home Depot is an American multinational home improvement retail corporation. The Home Depot uses the periodic inventory system. During its 1st year of
The Home Depot is an American multinational home improvement retail corporation. The Home Depot uses the periodic inventory system. During its 1st year of operations. The Home Depot made the following purchases, whish are listed in chronological order of by acquisition 41 units at $101 per unit 74 units at $71 per unit 171 units at $60 per unit Please also note that sales for the year totaled 267 units, leaving 19 units on hand at the end of the year. The Home Depot's ending inventory using the average cost method is Note: Do not round unit cost calculation. Round your final answer to the nearest whole dollar amount. Multiple Choice $1,306 $1,190. $1,919 0
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