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Inventory records for Water Incorporated revealed the following: Date Transaction Number of Units Unit Cost July 1 Beginning inventory 480 $ 2.42 July 25 Purchase 430 2.65 Water Inc. sold 620 units of inventory during the month. Ending inventory assuming weighted-average cost would be: (Round weighted-average unit cost to 4 decimal places and final answer to the nearest dollar amount.) Multiple Choice $733. $735. $823. $701.
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Inventory records for Water Incorporated revealed the following: Date Transaction Number of Units Un...
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