The inventory records for Radford Co. reflected the following Beginning inventory @ May 1 100 units @
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Question:
The inventory records for Radford Co. reflected the following
Beginning inventory @ May 1 | 100 units @ $4.00 |
First purchase@ May 7 | 300 units @ $4.40 |
Second purchase@ May 17 | 500 units @ $4.60 |
Third purchase@ May 23 | 100 units @ $4.80 |
Sales @ May 31 | 900 units @ $7.80 |
a. $3,015
b. $2,412
c. $1,314
d. $2,610
Related Book For
Financial and Managerial Accounting Using Excel for Success
ISBN: 978-1111993979
1st edition
Authors: James Reeve, Carl S. Warren, Jonathan Duchac
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