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What is the amount of the company Merchandise Inventory

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Problem - Gigo Co. had the following balances and transactions during 2016.

Beginning merchandise inventory

10 units at $95

March 10

Sold 8 units

June 10

Purchased 20 units at $92

October 30

Sold 15 units

Required - What is the amount of the company's Merchandise Inventory, as disclosed in the December 31, 2016 balance sheet as per the periodic weighted-average costing method?

Reference no: EM132459034

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