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A Company Purchases and Sells Roofoo

Question 5

Multiple Choice

A company purchases and sells Roofoo.It began last year with five units of Roofoo on hand at a cost of $10 each,and during the year its purchases and sales were as follows: A company purchases and sells Roofoo.It began last year with five units of Roofoo on hand at a cost of $10 each,and during the year its purchases and sales were as follows: -What was the value of the ending inventory of Roofoo,using the moving weighted average assumption and a perpetual inventory system? A) $45 B) $39 C) $36.43 D) $15
-What was the value of the ending inventory of Roofoo,using the moving weighted average assumption and a perpetual inventory system?


A) $45
B) $39
C) $36.43
D) $15

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