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Data for Weatherall Company are presented in BE6.3. Compute the cost of the ending inventory...

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Accounting

Data for Weatherall Company are presented in BE6.3. Compute the cost of the ending inventory under the average-cost method, assuming therr are 380 units on hand. image
BE6.3 (LO 2) In its first month of operations, Weatherall Company made three purchases of merchan- dise in the following sequence: (1) 300 units at $6, (2) 400 units at $7, and (3) 200 units at $8. Assuming there are 380 units on hand, compute the cost of the ending inventory under the (a) FIFO method and (b) LIFO method. Weatherall uses a periodic inventory system. BE6.4 (L02 Data for Weatherall Company are presented in BE6.3. Compute the cost of the ending inven- tory under the average-cost method, assuming there are 380 units on hand

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