Question: A company uses the weighted-average inventory system and reported: Activities Datel March 1 Beginning inventory March 5 Purchase March 8. Purchase March 16 Sales March
A company uses the weighted-average inventory system and reported: Activities Datel March 1 Beginning inventory March 5 Purchase March 8. Purchase March 16 Sales March 19 Purchase. The cost of the company's Ending Inventory is: Units Acquired at Cost 144 units @ $20 = $2,880 122 units 72 units $22 = $2,684 $23 - $1,656 72 units $25 = $1,800 Multiple Choice $2,880 $3,652 $3,240 $2,488 Units Sold at Retail 244 units @ $45
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