Jacob, Inc. had the following balances and transactions during 2019: What is the amount of the company's ending Merchandise Inventory, as disclosed in the December 31, 2019 balance sheet, using the periodic weighted-average inventory costing method? (Round the unit costs to two decimal places and total costs to the nearest dollar.)
A) $109
B) $89
C) $326
D) $808
Correct Answer:
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