Davida Company has the following inventory information. Date July 1 Beginning Inventory 5 Purchases . 14...

 

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Davida Company has the following inventory information. Date July 1 Beginning Inventory 5 Purchases . 14 Sale 21 Purchases 30 Sale O $2,677 Transaction O $2,610 Assuming that a perpetual inventory system is used, what is the ending inventory under the moving-average (weighted-average) cost method? O $2,589 O $2,553 Units and Cost Make sure to round weighted-average per unit to 3 decimal places such as 1.359 and final answer to 0 decimal places such as 2,350. O $2,700 10 units at $90 50 units at $90 35 units 30 units at $90 26 units Davida Company has the following inventory information. Date July 1 Beginning Inventory 5 Purchases . 14 Sale 21 Purchases 30 Sale O $2,677 Transaction O $2,610 Assuming that a perpetual inventory system is used, what is the ending inventory under the moving-average (weighted-average) cost method? O $2,589 O $2,553 Units and Cost Make sure to round weighted-average per unit to 3 decimal places such as 1.359 and final answer to 0 decimal places such as 2,350. O $2,700 10 units at $90 50 units at $90 35 units 30 units at $90 26 units

Answer rating: 100% (QA)

Step 1 Sharpe ratio return of the portfoliaRp risk free returnRf standard deviation For option 1 020 ... View the full answer