Tamarisk, Inc. has the following inventory data: July 1 Beginning inventory 90 units at $19 $1710 6300 990 $9000 7 Purchases 22 Purchases 315 units at $20 45 units at $22 A physical count of merchandise inventory on July 30 reveals that there are 150 units on hand. Using the average cost method, the value of ending inventory is
Tamarisk, Inc. has the following inventory data: July 1 Beginning inventory 90 units at $19 $1710 6300 990 $9000 7 Purchases 22 Purchases 315 units at $20 45 units at $22 A physical count of merchandise inventory on July 30 reveals that there are 150 units on hand. Using the average cost method, the value of ending inventory is
Chapter1: Financial Statements And Business Decisions
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
Transcribed Image Text:Tamarisk, Inc. has the fallowing inventory data:
July 1 Beginning inventory 90 units at $19 $1710
6300
990
$9000
7 Purchases
22 Purchases
315 units at $20
45 units at $22
A physical count of merchandise inventory on July 30 reveals that there are 150 units on hand. Using the average cost method, the value of ending inventory is
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