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A Company Just Starting Business Made the Following Four Inventory

Question 28

Multiple Choice

A company just starting business made the following four inventory purchases in June:
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. 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.

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