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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
Edition 12ISBN: 978-0132605540 Exercise 35
Solve the following application problem.
Thunder Manufacturing made the following purchases of rivet drums during the year: 25 at $135 each, 40 at $165 each, 15 at $108.50 each, and 30 at $142 each. An inventory shows that 45 rivet drums remain. Find the inventory value, using the weighted-average method. _____
Thunder Manufacturing made the following purchases of rivet drums during the year: 25 at $135 each, 40 at $165 each, 15 at $108.50 each, and 30 at $142 each. An inventory shows that 45 rivet drums remain. Find the inventory value, using the weighted-average method. _____
Explanation
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Verified
Consider the weighted-average method. 
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Business Mathematics Brief 12th Edition by Stanley Salzman ,Gary Clendenen, Charles Miller
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