70.1k views
1 vote
A company just starting business made the following four inventory purchases in June: Date Number of units purchased Total cost June 1 160 units $ 350 June 10 220 units 580 June 15 220 units 700 June 28 130 units 560 $2190 A physical count of merchandise inventory on June 30 reveals that there are 200 units on hand. Using the average-cost method, the amount allocated to the ending inventory on June 30 is

User Mihajlv
by
7.8k points

1 Answer

1 vote

Answer:

cap

Step-by-step explanation:

User Timothy Ghanem
by
7.5k points