XYZ Inc. uses the average cost formula in a perpetual inventory system. Use the following
information for the month of June for questions . (Use unrounded numbers in your calculations but round to the nearest cent for presentation purposes in your answer.)
-YZ Inc. has an ending inventory on June 30 of
A)$1,370.00
B)$1,418.56.
C)$1,429.90.
D)$1,450.15.

Question

XYZ Inc. uses the average cost formula in a perpetual inventory system. Use the following
information for the month of June for questions . (Use unrounded numbers in your calculations but round to the nearest cent for presentation purposes in your answer.) 
-YZ Inc. has an ending inventory on June 30 of
A)$1,370.00 
B)$1,418.56. 
C)$1,429.90. 
D)$1,450.15.

Quizplus · Accepted Answer

The Answer of XYZ Inc. uses the average cost formula in a perpetual inventory system. Use the following
information for the month of June for questions . (Use unrounded numbers in your calculations but round to the nearest cent for presentation purposes in your answer.) 
-YZ Inc. has an ending inventory on June 30 of
A)$1,370.00 
B)$1,418.56. 
C)$1,429.90. 
D)$1,450.15.

XYZ Inc Uses the Average Cost Formula in a Perpetual Inventory