Question: Question 12 (4 points) Retake question Beginning inventory, purchases and sales data for T-shirts are as follows: April 3 Inventory 24 units @ $10 11
Question 12 (4 points)
Retake question
Beginning inventory, purchases and sales data for T-shirts are as follows:
| April 3 | Inventory | 24 units | @ | $10 |
| 11 | Purchase | 26 units | @ | $12 |
| 14 | Sale | 36 units | ||
| 21 | Purchase | 18 units | @ | $15 |
| 25 | Sale | 20 units |
Assuming the business maintains a periodic inventory system, calculate the ending inventory under Average Cost:
Your Answer:
Question 12 options:
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