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Use the Following Information for the Following Questions

Question 53

Multiple Choice

Use the following information for the following questions:
Transactions for Durham Ltd. for the month of June were:
Use the following information for the following questions: Transactions for Durham Ltd. for the month of June were: -The ending inventory on a weighted average cost basis, rounded to the nearest dollar, is A) $1,956. B) $1,970. C) $1,980. D) $1,995.
-The ending inventory on a weighted average cost basis, rounded to the nearest dollar, is


A) $1,956.
B) $1,970.
C) $1,980.
D) $1,995.

Correct Answer:

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