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Use the information below for the following question. A company just starting business made the following four inventory purchases in June: A physical count of

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Use the information below for the following question. A company just starting business made the following four inventory purchases in June: A physical count of merchandise inventory on June 30 reveals that there are 250 units on hand. Using the average cost method, the amount allocated to the ending inventory on June 30 is Select one: a. $4,200. b. $2,700. c. $1,150. d. $1,500

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