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Calculate the Weighted-Average Cost of the Following Inventory Purchases: Date

Question 25

Multiple Choice

Calculate the weighted-average cost of the following inventory purchases: Date Quantity Purchased Cost per Unit Total Amount
May 4 33 $12.25
May 11 41 $13.87
May 29 37 $11.99


A) $12.76
B) $12.12
C) $22.11
D) $21.21
E) $22.22

Correct Answer:

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