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A Physical Count of Merchandise Inventory on June 30 Reveals

Question 144

Multiple Choice

A physical count of merchandise inventory on June 30 reveals that there are 200 units on hand.Using the average-cost method, the amount allocated to the ending inventory on June 30 is A) ¥28,000. B) ¥20,000. C) ¥7,670. D) ¥8,000. A physical count of merchandise inventory on June 30 reveals that there are 200 units on hand.Using the average-cost method, the amount allocated to the ending inventory on June 30 is


A) ¥28,000.
B) ¥20,000.
C) ¥7,670.
D) ¥8,000.

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