Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Apr. 20 Number of Units Beginning inventory Purchase Unit Cost 500 $2.42 340 2.78 Dunbar sold 580 units of inventory during the month. Ending inventory assuming weighted-average cost would be: (Round weighted-average unit cost to 4 decimal places and final answer to the nearest dollar amount.)

Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Apr. 20 Number of Units Beginning inventory Purchase Unit Cost 500 $2.42 340 2.78 Dunbar sold 580 units of inventory during the month. Ending inventory assuming weighted-average cost would be: (Round weighted-average unit cost to 4 decimal places and final answer to the nearest dollar amount.)

Name: . Inventory records for Dunbar Incorporated revealed the following:Dat
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Description: . Inventory records for Dunbar Incorporated revealed the following:Date TransactionApr. 1Apr. 20Numberof UnitsBeginning inventoryPurchaseUnitCost500 $2.42340 2.78Dunbar sold 580 units of inventory during the month. Ending inventory assuming weighted-

Financial Accounting

14th Edition

ISBN:9781305088436

Author:Carl Warren, Jim Reeve, Jonathan Duchac

Publisher:Carl Warren, Jim Reeve, Jonathan Duchac

Chapter7: Inventories

Section: Chapter Questions

Problem 4PEA: Beginning inventory, purchases, and sales for 30xT are as follows: Assuming a perpetual inventory...

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