Like new express had machines in Stock at Inventory records for
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Like new express.
had
machines in Stock at the
Inventory records for
Date
Jan 1
Aug 5
Oct 19
Nov 23
Purchase
Dec 16
Total available for Sale
490 multi function Center
end of the
95
Purchase
Purchase
the year are
Quantity
Begining Incubory So
Purchase
100
100
300
200
750
year
follows.
A 92,341.67
B93, 341.67
C 94, 994.67 Answer
D 103, 094.67
Key
Corf
Total
7,100
142
269 26,900
233
23,300
189
56,706
157
31,400
145,400
Using the average Cost method of inventory pricing
dollar value of ending inventory
Calculate
the
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