Use this information to answer the following question. A periodic inventory system is used.
Using the average-cost method, the cost assigned to ending inventory is
A) $4,278.
B) $1,518.
C) $1,692.
D) $1,584.

Question

Use this information to answer the following question.  A periodic inventory system is used.
Using the average-cost method, the cost assigned to ending inventory is
A) $4,278. 
B) $1,518. 
C) $1,692. 
D) $1,584.

Quizplus · Accepted Answer

The Answer of Use this information to answer the following question.  A periodic inventory system is used.
Using the average-cost method, the cost assigned to ending inventory is
A) $4,278. 
B) $1,518. 
C) $1,692. 
D) $1,584.

Use This Information to Answer the Following Question