Question: Please help with this question, appreciate it! Addison, Inc. uses a perpetual inventory system. Below is information about one inventory item for the month of
Please help with this question, appreciate it!
Addison, Inc. uses a perpetual inventory system. Below is information about one inventory item for the month of September Sep. 1 Inventory 20 units at $20 4 Sold 10 units 10 Purchased 30 units at $25 17 Sold 20 units 30 Purchased 10 units at $30 If Addison uses the weighted average cost method, what is the inventory balance at the end of September? a. $775.00 b. $700.00 c. $1,450,00 d. $600.00
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