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Under the Weighted Average perpetual inventory system, given the information below, what would be January's Ending Inventory value? Weighted Average Date Description Units Cost per
Under the Weighted Average perpetual inventory system, given the information below, what would be January's Ending Inventory value?
| Weighted Average | |||
| Date | Description | Units | Cost per Unit |
| 1/1 | Beginning Inventory | 220 | $100.00 |
| 1/8 | Bought Inventory | 180 | $120.00 |
| 1/16 | Sold Inventory | 160 | ?? |
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Accounting For Investments Equities Futures And Options Volume 1
Authors: R. Venkata Subramani
1st Edition
047082431X, 978-0470824313
