Rodriguez, Inc. had the following balances and transactions during 2017, from January 1 to December 31:
What would be reported for Ending Merchandise Inventory on the balance sheet at December 31, 2017 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) $33,040
B) $16,200
C) $32,400
D) $48,600
Correct Answer:
Verified
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