Data for Rusch Company are presented in BE. Compute the cost of the ending inventory under the

Question:

Data for Rusch Company are presented in BE. Compute the cost of the under the average-cost method, assuming there are 450 units on hand.
In its first month of operations, Rusch Company made three purchases of merchandise in the following sequence: (1) 300 units at $6, (2) 400 units at $7, and (3) 200 units at $8. Assuming there are 450 units on hand, compute the cost of the under the

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 =...