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What is the ending inventory

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Reference no: EM132899498

Problem - An entity has the following inventory transactions for an item of inventory:

Opening Inventory 104 units @ 11 $1144

Purchase 1 207 units @ 14 $2898

Sale 1 61 units

Required - What is the ending inventory assuming the entity uses the periodic weighted average method?

Reference no: EM132899498

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