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    Financial Accounting Study Set 28
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    Exam 6: Reporting and Analyzing Inventory
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    A Company Purchased Inventory as Follows: 200 Units at $5
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A Company Purchased Inventory as Follows: 200 Units at $5

Question 63

Question 63

Multiple Choice

A company purchased inventory as follows: 200 units at $5.00
300 units at $5.50
The average unit cost for inventory is


A) $5.00.
B) $5.25.
C) $5.30.
D) $5.50.

Correct Answer:

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