Data for Bethke Company are presented in BE6-3. Compute the cost of the ending inventory under the

Question:

Data for Bethke Company are presented in BE6-3. Compute the cost of the under the average-cost method, assuming there are 360 units on hand.
In BE6-3, In its first month of operations, Bethke Company made three purchases of merchandise in the following sequence:
(1) 300 units at $6,
(2) 400 units at $7,
(3) 200 units at $8.

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 =...