Use the following information for questions below
A company had the following inventory activity during April:
-If the company is using a perpetual system and the weighted-average cost formula,what is the ending inventory closest to?
A) $8,470
B) $7,777
C) $7,560
D) $7,391
Correct Answer:
Verified
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Q29: When a periodic inventory system is used:
A)inventory
Q38: When a perpetual inventory system is used,
A)a
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Q48: A small local convenience store is opening
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