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    Exam 6: Reporting and Analyzing Inventory
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    Snug-As-A-Bug Blankets Has the Following Inventory Data: Assuming That
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Snug-As-A-Bug Blankets Has the Following Inventory Data: Assuming That

Question 129

Question 129

Multiple Choice

Snug-As-A-Bug Blankets has the following inventory data: Snug-As-A-Bug Blankets has the following inventory data:   Assuming that a perpetual inventory system is used, what is ending inventory (rounded)  under the average cost method for July? A)  $2,750 B)  $2,784 C)  $2,406. D)  $2,772 Assuming that a perpetual inventory system is used, what is ending inventory (rounded) under the average cost method for July?


A) $2,750
B) $2,784
C) $2,406.
D) $2,772

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