Use this information to answer the following question. A periodic inventory system is used; ending inventory is 150 units.
What is ending inventory under the average-cost method?
A)$900
B)$1,050
C)$1,350
D)$1,200

Question

Use this information to answer the following question.  A periodic inventory system is used; ending inventory is 150 units.
What is ending inventory under the average-cost method?
A)$900 
B)$1,050 
C)$1,350 
D)$1,200

Quizplus · Accepted Answer

The Answer of Use this information to answer the following question.  A periodic inventory system is used; ending inventory is 150 units.
What is ending inventory under the average-cost method?
A)$900 
B)$1,050 
C)$1,350 
D)$1,200

Use This Information to Answer the Following Question