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Use the following data of Dolphin, Inc. Unit Total Units Units Cost Cost Sold Beginning inventory 10 $ 7 $ 70 Purchase on Apr
Use the following data of Dolphin, Inc. Unit Total Units Units Cost Cost Sold Beginning inventory 10 $ 7 $ 70 Purchase on Apr 25 45 8 360 Purchase on Nov 13 14 10 140 Sales 55 ? ? Dolphin's average cost of ending inventory is A. $102. OB. $316. C. $116. O D. $140.
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Financial Accounting
Authors: Jeffrey Waybright, Liang Hsuan Chen, Rhonda Pyper
1st Canadian Edition
9780132147538, 132889714, 013214753X , 978-0132889711
