Homework Answers
Ans: (D) $ 2160
Explanation:
Ending Units= Available for sale - Units Sold
= 120 - 72
=48 units
Ending Inventory in dollars:
| Purchase No.2. 40 units * $44 | $ 1760 |
| Purchase No.1. 8 units * $50 | $400 |
| Total | $2160 |
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