heffield Corp has the following inventory data July 1 Beginning inventory 46 units at $ 20 $ 920 7 Purchases 161 units at $ 21 3381 22 Purchases 23 units at $ 22 506 $ 4807 A physical count of merchandise inventory on July 30 reveals that there are 58 units on hand Using the average cost method, th...

Osing weighted Auerage Cost Ending Inverntory memad method Total Units 46 161 23 230 uvits Tta ...

heffield Corp. has the following inventory data: July 1 Beginning inventory 46 units at $ 20 $

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heffield Corp. has the following inventory data:

July 1	Beginning inventory	46 units at $20	$920
7	Purchases	161 units at $21	3381
22	Purchases	23 units at $22	506
			$4807

A physical count of merchandise inventory on July 30 reveals that there are 58 units on hand. Using the average cost method, the value of ending inventory is

$1212.$1276.$1241.$1218.

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Financial Accounting Information for Decisions

ISBN: 978-1259533006

8th edition

Authors: John J. Wild

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Posted Date: Jan 16, 2022 08:41 PM

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heffield Corp. has the following inventory data: July 1 Beginning inventory 46 units at $ 20 $

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Financial Accounting Information for Decisions

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