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A company purchased 300 units for $30 each on January 31. It purchased 150 units for $35 each on February 28. It sold a
Posted: Thu May 19, 2022 12:40 pm
by answerhappygod
- A Company Purchased 300 Units For 30 Each On January 31 It Purchased 150 Units For 35 Each On February 28 It Sold A 1 (27.99 KiB) Viewed 61 times
A
company purchased 300 units for $30 each on January 31. It purchased 150 units for $35 each on February 28. It sold a total of 300 units for $80 each from March 1 through December 31. If the
company uses the weighted - average inventory costing method, calculate the cost of ending inventory on December 31. (Assume that the
company uses a perpetual inventory system. Round any intermediate calculations two decimal places, and your final answer to the nearest dollar.) . O A. $4.875 OB. $14,250 O C. $9.499 OD. $4.751