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The Average Cost of AD Computer Modems on 30 March

Question 53

Multiple Choice

The average cost of AD computer modems on 30 March, as per the stock card, is $21.06. If 200 modems are sold at $24.00 each, what is the cost of the modems charged to the income statement, assuming the weighted average method of costing is used?


A) $4000
B) $4800
C) $4212
D) $3800

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