Inventory records for Capetown, Incorporated revealed the following: о Date April 1 April 20 Multiple Choice Capetown sold 620 units of inventory during the month. What is the amount of ending inventory assuming weighted-average cost? (Round weighted- average unit cost to 4 decimals and round your final answer to the nearest whole dollar.) $526 $529 $494 Transaction Beginning Inventory Purchase $626 Number of Units 490 340 Unit Cost $ 2.44 2.60
Inventory records for Capetown, Incorporated revealed the following: о Date April 1 April 20 Multiple Choice Capetown sold 620 units of inventory during the month. What is the amount of ending inventory assuming weighted-average cost? (Round weighted- average unit cost to 4 decimals and round your final answer to the nearest whole dollar.) $526 $529 $494 Transaction Beginning Inventory Purchase $626 Number of Units 490 340 Unit Cost $ 2.44 2.60
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Inventory records for Capetown, Incorporated revealed the following:
Date
April 1
April 20
O
Multiple Choice
Capetown sold 620 units of inventory during the month. What is the amount of ending inventory assuming weighted-average cost? (Round weighted-
average unit cost to 4 decimals and round your final answer to the nearest whole dollar.)
$526
$529
$494
Transaction
Beginning Inventory
Purchase
$626
Number of
Units
490
340
Unit Cost
$ 2.44
2.60](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7a85083f-c711-4fe4-a0ea-d798364bd78d%2F2fdbbf27-2425-4a3e-bb60-2fedbebc3ff0%2F0turmbg_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Inventory records for Capetown, Incorporated revealed the following:
Date
April 1
April 20
O
Multiple Choice
Capetown sold 620 units of inventory during the month. What is the amount of ending inventory assuming weighted-average cost? (Round weighted-
average unit cost to 4 decimals and round your final answer to the nearest whole dollar.)
$526
$529
$494
Transaction
Beginning Inventory
Purchase
$626
Number of
Units
490
340
Unit Cost
$ 2.44
2.60
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