Duo Ltd Uses a Periodic Inventories System and Rounds the Average

question 13

Multiple Choice

Duo Ltd uses a periodic inventories system and rounds the average unit cost to the nearest dollar. The following data relates to Duo Ltd for the year ended 30 June 2013.

The cost of ending inventories using the weighted average cost method (rounded to the nearest dollar) is:

• A) $459.
• B) $465.
• C) $499.
• D) $483.

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Definitions:

R

R stands for resistor in electronics, a component used to resist the flow of electrical current.

Diagnosed

Refers to the identification of a disease or condition by a medical professional through examination, testing, and analysis of symptoms.

Diagnosed

Pertains to the process whereby a healthcare provider determines the specific disease or ailment affecting a patient, typically after a series of tests and assessments.

United States

A country located in North America, comprising 50 states, a federal district, five major territories, and various possessions.