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Singh Computer Shop Begins Operations on June 1 and Uses

Question 121

Multiple Choice

Singh Computer Shop begins operations on June 1 and uses a perpetual inventory system. During June, the company had the following purchases and sales for its Model 10 Fastback Computer System: Singh Computer Shop begins operations on June 1 and uses a perpetual inventory system. During June, the company had the following purchases and sales for its Model 10 Fastback Computer System: -Using the average cost formula, the amount allocated to the ending inventory on June 30 is A) $19,323. B) $14,538. C) $19,927. D) $10,600.
-Using the average cost formula, the amount allocated to the ending inventory on June 30 is


A) $19,323.
B) $14,538.
C) $19,927.
D) $10,600.

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