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A Company Just Starting Business Made the Following Four Inventory

Question 84

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 200 units on hand. Using the average-cost method, the amount allocated to the ending inventory on June 30 is A) $2,100. B) $1,500. C) $575. D) $600. A physical count of merchandise inventory on June 30 reveals that there are 200 units on hand. Using the average-cost method, the amount allocated to the ending inventory on June 30 is


A) $2,100.
B) $1,500.
C) $575.
D) $600.

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