Use this information to answer the following question. A periodic inventory system is used; ending inventory is 150 units.
What is ending inventory under the average-cost method?
A) $900
B) $1,050
C) $1,350
D) $1,200

Question

Use this information to answer the following question.  A periodic inventory system is used; ending inventory is 150 units.
What is ending inventory under the average-cost method?
A) $900 
B) $1,050 
C) $1,350 
D) $1,200

Quizplus · Accepted Answer

The Answer of Use this information to answer the following question.  A periodic inventory system is used; ending inventory is 150 units.
What is ending inventory under the average-cost method?
A) $900 
B) $1,050 
C) $1,350 
D) $1,200

Use This Information to Answer the Following Question