Multiple Choice
A company just starting business made the following four inventory purchases in June:
A physical count of inventory on June 30 reveals that there are 250 units on hand.
-Using the average cost method, the amount allocated to the ending inventory on June 30 is:
A) $4,200.
B) $2,700.
C) $1,150.
D) $1,500.
Correct Answer:

Verified
Correct Answer:
Verified
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