The cost of ending inventory using weighted-average

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Malloy Company began the accounting period with inventory of 3,000 units at $30 each. During the period, the company purchased an additional 5,000 units at $36 each and sold 4,600 units. Assume the use of periodic inventory procedure. The cost of ending inventory using weighted-average is _______________.

$114,750

$157,600

$122,400

$109,650

None of the above

Reference no: EM131267729

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