Cost of ending inventory using weighted-average

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Reference no: EM13751964

A company began the accounting period with inventory of 3,000 units at $30 each. During the period, the company purchased an additional 5,000 units at $36 each and sold 4,600. Assume the use of periodic inventory procedure, the cost of ending inventory using weighted-average is:

a. 114,750, b. 157,600, c. 122,400, d. 109,650, e. none of the above

Reference no: EM13751964

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