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Rudd Company Made the Following Merchandise Purchases During the Current

Question 111

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Rudd Company made the following merchandise purchases during the current year:
Rudd Company made the following merchandise purchases during the current year: There was no beginning inventory, but ending inventory consisted of 105 units. If Rudd uses the weighted-average cost method and the periodic inventory system, what would be the cost of the ending inventory? There was no beginning inventory, but ending inventory consisted of 105 units. If Rudd uses the weighted-average cost method and the periodic inventory system, what would be the cost of the ending inventory?

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