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Business, 07.03.2020 03:32 puppylover72

Monarch Company uses a weighted-average perpetual inventory system, and has the following purchases and sales: January 1, 20 units were purchased at $10 per unit. January 12, 12 units were sold. January 20, 18 units were purchased at $11 per unit. What is the value of ending inventory?
A. 272.
B. 126.
C. 398.
D. 120.

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