Use the Following Data to Calculate the Cost of Ending

question 74

Multiple Choice

Use the following data to calculate the cost of ending inventory under average cost method. $\begin{array}{lll}15 \text { units at } \$ 20 \text { each } & \text { Beginning Inventory } & \text { September 1 } \\20 \text { units at } \$ 25 \text { each } & \text { Purchase } & \text { September 10 } \\25 \text { units at } \$ 28 \text { each } & \text { Purchase } & \text { September } 20 \\30 \text { units } & \text { Ending Inventory } & \text { September } 30\end{array}$

• A) $825
• B) $600
• C) $675
• D) $750

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Definitions:

Soccer Players

Individuals who participate in soccer, a team sport played with a spherical ball between two teams of eleven players.

Faster Footwork

Improved agility and speed in the movement of the feet, often relevant in sports and dance.

Forgotten

Failed to be remembered or brought to mind due to lapse of memory or neglect.

Players Want

A term referring to the desires or needs of participants in a game or sport.