Solved: If the company uses the weighted-average inventory costing, Accounting Basics

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If the company uses the weighted-average inventory costing

Question - A company purchased 100 units for $ 50 each on January 31. It purchased 150 units for $ 35 each on February 28. It sold a total of 200 units for $ 50 each from March 1 through December 31. If the company uses the weighted-average inventory costing method, calculate the cost of ending inventory on December 31.

8,200

2,050

10,250

2,125

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Accounting Basics: If the company uses the weighted-average inventory costing

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Accounting Basics: If the company uses the weighted-average inventory costing

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