A company purchased 100 units for 20 each on january 31. it, Ask an Expert

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A company purchased 100 units for $20 each on January 31. It purchased 100 units for $30 on February 28. It sold 150 units for $45 each from March 1 through December 31. If the company uses the average-cost inventory costing method, what is the amount of ending inventory on December 31?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9415235

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