Use the following data of Bluefish Sales, Inc.: Bluefish Sales' average cost of ending inventory is A)

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Use the following data of Bluefish Sales, Inc.:

Unit Total Units Units Cost Cpst Sold Beginning inventory 16 $4 $64 Purchase on Apr 25 25 175 110 Purchase on Nov 16 11

Bluefish ​Sales' average cost of ending inventory is
A) 400
B) 117
C) 64
D) 81

Ending Inventory
The ending inventory is the amount of inventory that a business is required to present on its balance sheet. It can be calculated using the ending inventory formula                Ending Inventory Formula =...
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Financial Accounting

ISBN: 978-0134127620

11th edition

Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz

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