Question: Print References Knowledge Check 01 Assume that we use a perpetual Inventory system and that five identical units are purchased at the following four dates

Print References Knowledge Check 01 Assume that we use a perpetual Inventory system and that five identical units are purchased at the following

Print References Knowledge Check 01 Assume that we use a perpetual Inventory system and that five identical units are purchased at the following four dates and costs: April 5 $ 10 April 10 $ 12 April 15 $ 14 April 20 $ 16 April 22 $ 17 One unit is sold on April 25. The company uses the weighted average Inventory costing method. Identify the cost of the ending Inventory on the balance sheet. (Round your answer to 2 decimal places.) Cost of the ending inventory Knowledge Check 01 A company has beginning Inventory of $20,000, purchases of $15,000, and ending Inventory of $2,500. The cost of goods available for sale is Cost of goods available for sale

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