Question: What are the steps for solving this problem? Delco Inc. had the following transactions in June and a beginning inventory of 20 units at $35

What are the steps for solving this problem?

Delco Inc. had the following transactions in June and a beginning inventory of 20 units at $35 each. June 4 - purchased 15 units at $36.50 each June 8 - sold 22 units June 16 - purchased 20 units at $37.75 each June 27 - sold 25 units Delco uses the perpetual inventory accounting system. If Delco uses the weighted-average inventory costing method, what is their ending inventory at June 30? You Answered O $292 O $280 $280. $302 Correct Answer $295

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