accounts help!!!!!!!!

Question # 00004884 Posted By: paul911 Updated on: 12/08/2013 12:14 AM Due on: 12/09/2013
Subject Accounting Topic Accounting Tutorials:
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(1) ABC corp. uses the periodic inventory system. During its first year of operation, ABC made the following purchases ( listed in chronological order of acquisition):

40 units at $100;

70 units at $80; and

170 units at $60

Sales for the year totaled $270 units, leaving 10 units on hand at the end of the year. What is the ending inventory using the average cost method (rounded)?
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Tutorials for this Question
  1. Tutorial # 00004675 Posted By: mac123 Posted on: 12/08/2013 12:15 AM
    Puchased By: 2
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    The solution of 100% correct answer...
    abc_corp_0.xlsx (10.52 KB)

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