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    Intermediate Accounting Study Set 5
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    Exam 8: Inventories: Measurement
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    The Ending Inventory Under a Periodic Inventory System Assuming Average
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The Ending Inventory Under a Periodic Inventory System Assuming Average

Question 63

Question 63

Multiple Choice

The ending inventory under a periodic inventory system assuming average cost (rounding unit cost to three decimal places) is:


A) $5,087.
B) $5,107.
C) $5,077.
D) $5,005.

Correct Answer:

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