Multiple Choice
The following data represent the beginning inventory and, in order of occurrence, the purchases and sales of Newtown, Inc. for an operating period.
-Assuming Newtown, Inc., uses weighted-average inventory procedures, the ending inventory cost is:
A) $720.10
B) $721.00
C) $722.00
D) $795.90
E) None of the above
Correct Answer:

Verified
Correct Answer:
Verified
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