cutebab2105 cutebab2105

08-04-2024
Business

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Assume the following information:
April 1 Inventory 3 units at cost of $20
April 10 purchase 5 units at cost of $20
April 12 sale 6 units
Using the perpetual inventory system, what is the amount of ending merchandise inventory?
A. $160
B. $40
C. $120
D. $20

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