Essay
The following are 2019 inventory data for Chavez Company, which uses a perpetual inventory system.
Ending inventory at December 31 is 50 units. Compute the cost of the ending inventory using the following methods:
a. First-in, first-out
b. Weighted-average
c. Last-in, first-out
Correct Answer:

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Correct Answer:
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b. Weighted-av...
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