22 PLEASE SOLVE!! Given the following data, calculate the cost of ending inventory using the average cost method. (Round any intermediary and final answers to two decimal places.)DateItemUnit1/1Beginning inventoryPurchase of inventory30 units at $20.00 per unit40 units at $40.00 per unit30 units at $22.00 per unit3/55/30Purchase of inventory12/31Ending inventory40 unitsO A. $1,144.00O B. $1,093.20O C. $660.00O D. $1,600.00Click to select your answer.1OType here to search

Inventory valuation: For calculation of accurate net income, ascertainment of accurate…

iven the following data, calculate the cost of ending inventory using the average cost method. (Round any intermediary and final answers to two decimal places.) Date Item Unit 30 units at $20.00 per unit 40 units at $40.00 per unit 30 units at $22.00 per unit 1/1 Beginning inventory Purchase of inventory Purchase of inventory 3/5 5/30 12/31 Ending inventory 40 units

iven the following data, calculate the cost of ending inventory using the average cost method. (Round any intermediary and final answers to two decimal places.) Date Item Unit 30 units at $20.00 per unit 40 units at $40.00 per unit 30 units at $22.00 per unit 1/1 Beginning inventory Purchase of inventory Purchase of inventory 3/5 5/30 12/31 Ending inventory 40 units

Principles of Accounting Volume 1

19th Edition

ISBN:9781947172685

Author:OpenStax

Publisher:OpenStax

Chapter10: Inventory

Section: Chapter Questions

Problem 2PA: Trini Company had the following transactions for the month. Calculate the ending inventory dollar...

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