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A Company Just Starting Business Made the Following Four Inventory

Question 132

Multiple Choice

A company just starting business made the following four inventory purchases in June: A company just starting business made the following four inventory purchases in June: A physical count of merchandise inventory on June 30 reveals that there are 250 units on hand. Using the average-cost method, the amount allocated to the ending inventory on June 30 is A) $683. B) $755. C) $825. D) $1,360. A physical count of merchandise inventory on June 30 reveals that there are 250 units on hand. Using the average-cost method, the amount allocated to the ending inventory on June 30 is


A) $683.
B) $755.
C) $825.
D) $1,360.

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