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    Financial Accounting IFRS Study Set 2
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    Exam 6: Inventories
  5. Question
    A Company Purchased Inventory as Follows: 200 Units\(\$ 10\)
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A Company Purchased Inventory as Follows:

200 Units $10\$ 10$10

Question 131

Question 131

Multiple Choice

A company purchased inventory as follows:

200 units at $10\$ 10$10
300 units at $12\$ 12$12

The average unit cost for inventory is


A) $10.00.
B) $11.00.
C) $11.20.
D) $12.00.

Correct Answer:

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