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What is the ending inventory under the average-cost method

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Reference no: EM132547211

Question - Use the following inventory information for questions below.

Jan. 1 Beg Inventory 10 units at P90

Jan. 5 Purchases 60 units at P84

Jan. 14 Sale 40 units

Jan. 21 Purchases 30 units at P87

Jan. 30 Sale 28 units

Required - Assuming that a perpetual inventory system is used, what is the ending inventory (rounded) under the average-cost method?

a. 2,750

b. 2,784

c. 2,406

d. 2,772

Reference no: EM132547211

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