Using the data below, determine the ending inventory amount assuming the weighted average method with a periodic inventory system.
beginning inventory, 10 units
purchases, 20 units
total cost of units available for sale, $3,000
ending inventory, 12 units
a. $3,000
b. $100
c. $1,200
d. none of these choices are correct.
Answers: 2
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Using the data below, determine the ending inventory amount assuming the weighted average method wit...
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