Business, 15.04.2020 01:05 queenx1xshay

The following lots of Commodity Z were available for sale during the year. Use this information to answer the question. Beginning inventory 10 units at $30 First purchase 25 units at $32 Second purchase 30 units at $34 Third purchase 10 units at $35 The firm uses the periodic system. There are 20 units of the commodity on hand at the end of the year. What is the amount of inventory at the end of the year rounded to nearest dollar according to the average cost method? a.$620 b.$659 c.$690 d.$655

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The following lots of Commodity Z were available for sale during the year. Use this information to a...

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