Business, 23.04.2020 21:51 Isaiahtate053
A company just began business and made the following four inventory purchases in June: June 1 100 units $600 June 10 150 units 916 June 15 150 units 936 June 28 100 units 648 $3100 A physical count of merchandise inventory on June 30 reveals that there are 140 units on hand. Using the average-cost method, the amount allocated to the ending inventory (rounded to whole dollar) on June 30 is
a. $868.
b. $840
c. $857.
d. $907
Answers: 1
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A company just began business and made the following four inventory purchases in June: June 1 100 un...
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