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Question - ?Ralwins, Inc. had the following balances and transactions during? 2024, from January 1 to December? 31:
Beginning Merchandise Inventory 300 units at $81
March 10 Sold 150 units
June 10 Purchased 600 units at $83
October 30 Sold 450 units
What would be reported for ending Merchandise Inventory on the balance sheet at December? 31, 2024 if the perpetual inventory system and the weighted-average inventory costing method are? used?
A. 12,150
B. 36,450
C. 24,300
D. 24,780
Find what is the average inventory held during the year including safety stock if the store insists on a 2 days safety stock (assume 365 days a year)?
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