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    Business
  3. Study Set
    Contemporary Accounting
  4. Exam
    Exam 8: Accounting for Selected Assets
  5. Question
    Using the Weighted-Average-Cost Method, the Value of Closing Inventory Is
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Using the Weighted-Average-Cost Method, the Value of Closing Inventory Is

Question 4

Question 4

Multiple Choice

Using the weighted-average-cost method, the value of closing inventory is (to the nearest whole $) :


A) $4400.
B) $4192.
C) $4245.
D) $5040.

Correct Answer:

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