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Use the following information to answer the next four questions. ABC, Inc. had 300 units in beginning inventory on April 1, 2023. The cost per
Use the following information to answer the next four questions. ABC, Inc. had 300 units in beginning inventory on April 1, 2023. The cost per unit of such inventory is $75. Information on the purchases and sales made during the month of April 2023 is presented below: What is the company's cost of inventory as of April 30 under the weighted average method? Select one: a. 512,500 b. $12,331 c. $12,700 d. $13,600
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