Question: determine the ending inventory using the periodic inventory system and the weighted average cost method. Assuming that 17 units were sold at a price of
determine the ending inventory using the periodic inventory system and the weighted average cost method. Assuming that 17 units were sold at a price of $16
date item unit cost total
June 1 Inventory 5 $6 $30
12 Purchase 8 6 48
18 Purchase 9 10 90
total 24 -- $168
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