Multiple Choice
Use this inventory information for the month of August to answer the following question. Assuming that a perpetual inventory system is used.
-What is ending inventory (rounded) under the average-cost method?
A) $3,764
B) $3,826
C) $3,968
D) $3,986
Correct Answer:

Verified
Correct Answer:
Verified
Q15: Which of the following is an inventory
Q56: Which of the following terms best describes
Q63: Under the perpetual inventory system,cost of goods
Q108: An overstatement of beginning inventory results in<br>A)no
Q114: An understatement of year 1's beginning inventory
Q126: Which of the following accounts would not
Q140: The costs included in work in process
Q147: If a company uses LIFO for tax
Q157: Use this information to answer the following
Q159: Use this inventory information for the month