Use This Inventory Information for the Month of March to Answer

question 63

Multiple Choice

Use this inventory information for the month of March to answer the following question.
-Assuming that a periodic inventory system is used,what is ending inventory (rounded) under the average-cost method?

• A)$2,079
• B)$2,685
• C)$3,861
• D)$5,940

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Definitions:

Financial Statement Analysis

The examination of financial statements in order to assess a business's performance and to make decisions about the future.