A Company Purchased 100 Units for $50 Each on January

question 13

Multiple Choice

A company purchased 100 units for $50 each on January 31.It purchased 200 units for $30 each on February 28.It sold a total of 250 units for $60 each from March 1 through December 31.If the company uses the weighted-average inventory costing method,calculate the amount of ending inventory on December 31.(Assume that the company uses a perpetual inventory system.Round any intermediate calculations two decimal places,and your final answer to the nearest dollar. )

• A)$11,000
• B)$1,833.5
• C)$9,167
• D)$2,000

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Individuals responsible for directing and overseeing the work of others and making decisions on behalf of an organization or department.

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The talent for formulating original and uncommon notions, or for crafting something that is both new and imaginative.

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