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Inventory Data for Missoula Merchandising,Inc

Question 106

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Inventory data for Missoula Merchandising,Inc.are provided below.Sales for the period were 2,800 units.Each sold for $8.The company maintains a weighted-average periodic inventory system. Inventory data for Missoula Merchandising,Inc.are provided below.Sales for the period were 2,800 units.Each sold for $8.The company maintains a weighted-average periodic inventory system. Determine the gross profit for the quarter ended March 31. A) $12,635 B) $12,600 C) $13,000 D) $22,400 Determine the gross profit for the quarter ended March 31.


A) $12,635
B) $12,600
C) $13,000
D) $22,400

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