Use the following information to answer:
The following data represent the beginning inventory and, in the order of occurrence, the purchases and sales of Mullenax Company for an operating period.

-Assuming Mullenax Company uses weighted-average (periodic) inventory procedures, the ending inventory cost is:

Question

Use the following information to answer:
The following data represent the beginning inventory and, in the order of occurrence, the purchases and sales of Mullenax Company for an operating period. 
 
-Assuming Mullenax Company uses weighted-average (periodic) inventory procedures, the ending inventory cost is:

Quizplus · Accepted Answer

$19,800 / 200 = $99; 90 x $99 = $8,910

Use the Following Information to Answer