Windsor, Inc has the following inventory data July 1 Beginning inventory 42 units at $ 19 $ 798 7 Purchases 147 units at $ 20 2940 22 Purchases 21 units at $ 22 462 $ 4200 A physical count of merchandise inventory on July 30 reveals that there are 70 units on hand Using the average cost method, the...

Answer 1400 Average cost per u ...

Windsor, Inc. has the following inventory data: July 1 Beginning inventory 42 units at $ 19 $

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Windsor, Inc. has the following inventory data:

July 1	Beginning inventory	42 units at $19	$798
7	Purchases	147 units at $20	2940
22	Purchases	21 units at $22	462
			$4200

A physical count of merchandise inventory on July 30 reveals that there are 70 units on hand. Using the average cost method, the value of ending inventory is

$1423.$1358.$1442.$1400.

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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 08:40 PM

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Windsor, Inc. has the following inventory data: July 1 Beginning inventory 42 units at $ 19 $

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Financial Accounting Information for Decisions

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