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Beta Company Uses a Periodic Inventory System

Question 182

Multiple Choice

Beta Company uses a periodic inventory system.The company bought 80 units of inventory for $12 each and 20 units of inventory for $12.50 each.It sold 90 units for $25 each.Beta's weighted average cost is:


A) $12.10.
B) $12.25.
C) $16.50.
D) $12.

Correct Answer:

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