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Use the Following Inventory Related Information for Questions Below

Question 105

Multiple Choice

Use the following inventory related information for Questions below
On September 1, the beginning inventory was 110 units at $50 each. Purchases and sales during September were:
Use the following inventory related information for Questions below On September 1, the beginning inventory was 110 units at $50 each. Purchases and sales during September were: -What is the cost of ending inventory for September if the periodic weighted-average costing alternative is used? (Round your answer to the nearest dollar) A) $ 966 B) $6,338 C) $5,363 D) $6,276
-What is the cost of ending inventory for September if the periodic weighted-average costing alternative is used? (Round your answer to the nearest dollar)


A) $ 966
B) $6,338
C) $5,363
D) $6,276

Correct Answer:

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