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    Financial Managerial Accounting Study Set 1
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    Exam 8: Inventories and the Cost of Goods Sold
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    Compute the Cost of the Ending Inventory Based on the Average-Cost
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Compute the Cost of the Ending Inventory Based on the Average-Cost

Question 159

Question 159

Multiple Choice

Compute the cost of the ending inventory based on the average-cost method of inventory valuation. (Rounded)


A) $10,590.
B) $11,694.
C) $29,560.
D) $28,450.

Correct Answer:

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