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Using the following information for 13 through 17, calculate the ending inventory under the following costing methods. A physical count revealed 200 units on hand
Using the following information for 13 through 17, calculate the ending inventory under the following costing
methods. A physical count revealed 200 units on hand as of 4/30. Weighted-Average Cost
Beginning inventory 500 units @ $2.40 = $1,200
4/20 purchase 400 units @ $2.50 = $1,000
900 $2,200
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