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Orange-Aide Company Has the Following Inventory Data: a Physical

Question 148

Multiple Choice

Orange-Aide Company has the following inventory data: Orange-Aide Company has the following inventory data: A physical count of merchandise inventory on July 30 reveals that there are 50 units on hand.Using the average cost method, the value of ending inventory is A) $1,070 B) $1,045 C) $1,050 D $1,100 A physical count of merchandise inventory on July 30 reveals that there are 50 units on hand.Using the average cost method, the value of ending inventory is


A) $1,070
B) $1,045
C) $1,050
D $1,100

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