Ralwins,Inc.had the following balances and transactions during 2018,from January 1 to December 31:
What would be reported for ending Merchandise Inventory on the balance sheet at December 31,2018 if the perpetual inventory system and the weighted-average inventory costing method are used? (Round unit costs to two decimal places and total costs to nearest dollar. )
A) $16,520
B) $8,100
C) $16,200
D) $24,300
Correct Answer:
Verified
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