Question: Current Attempt in Progress The company uses a periodic inventory system. A physical count of merchandise inventory on July 3 1 reveals that there are

Current Attempt in Progress
The company uses a periodic inventory system. A physical count of merchandise inventory on July 31 reveals that there are 120 units
on hand. Using the average-cost method, the value of ending inventory is
$2400.
$2472.
$2440.
$2328.
Current Attempt in Progress The company uses a periodic inventory system.

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