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The Alexandra Company Uses the Retail Inventory Method and the Average

Question 44

Multiple Choice

The Alexandra Company uses the retail inventory method and the average cost flow assumption for preparation of its interim reports. Information about Alexandra's inventory in the second quarter of 2016 is shown below: The Alexandra Company uses the retail inventory method and the average cost flow assumption for preparation of its interim reports. Information about Alexandra's inventory in the second quarter of 2016 is shown below: What is the estimated cost of Alexandra's inventory on June 30, 2016? A) $270 B) $300 C) $585 D) $600
What is the estimated cost of Alexandra's inventory on June 30, 2016?


A) $270
B) $300
C) $585
D) $600

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