18. At May 1, 2017, Heineken Company had beginning inventory consisting of 300...
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Accounting
18. | At May 1, 2017, Heineken Company had beginning inventory consisting of 300 units with a unit cost of $7. During May, the company purchased inventory as follows: 600 units at $7 900 units at $8 The company sold 1,500 units during the month for $12 per unit. Heineken uses the average cost method. The value of Heineken's inventory at May 31, 2017 is | |
| A) | $2,100 |
| B) | $2,250 |
| C) | $2,400 |
| D) | $13,500 |
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