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What cost of ending inventory using the weighted average

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Reference no: EM132597064

Assume periodic inventory system.

Beginning inventory 10 units @ $10 each

January purchase 10 units @ $11 each

July purchase 40 units @ $12 each

October purchase 20 units @ $10 each

Ending inventory 20 units

Question 1: What is the cost of ending inventory using the weighted average costing method?

Reference no: EM132597064

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