Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning inventory Apr. 20...

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Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning inventory Apr. 20 Purchas

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Answer 1

Answer #1

Ending inventory units = beginning balance + Purchase -sales

= 480+420 - 580 = 320 units

Ending inventory = 320*2.65 = $848

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Answer 2

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