Question: .3-3 Question Help * A company purchased 100 units for $60 each on 31 January. It purchased 150 units for $25 each on 28 February.
.3-3 Question Help * A company purchased 100 units for $60 each on 31 January. It purchased 150 units for $25 each on 28 February. It sold a total of 200 units for $50 each from 1 March to 31 December. If the company uses the weighted- average inventory costing method calculate the amount of ending inventory on 31 December. (Assume that the company uses a perpetual inventory system) OA. $9 750 0 B. $2125 O c. $1 950 O D. $6 000
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
