Jacob, Inc. had the following balances and transactions during 2019: Beginning Merchandise Inventory March 10...
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Jacob, Inc. had the following balances and transactions during 2019: Beginning Merchandise Inventory March 10 June 10 October 30 14 units at $94 Sold 12 units Purchased 28 units at $91 Sold 22 units 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) O A. $319 OB. $736 O C. $91 OD. $116
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