Jenny Company uses a perpetual inventory system. Determine the cost of ending inventory at March...
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Accounting
Jenny Company uses a perpetual inventory system. Determine the cost of ending inventory at March 31 and cost of goods sold (COGS) for March under weighted average. Mar 1: Beginning inventory: 200 units @ $5 total cost = $1,000 300 units @ $6 Mar 3: Purchase: total cost = $1,800 - Mar 6: Sales: 250 units 100 units@ $7 Mar 30: Purchase: total cost = $700 O a, Ending inventory of $2,200; COGS of $1,300 O b. Ending inventory of $1,400; COGS of $2,100 Oc. Ending inventory of $1,300; COGS of $2,200 d. Ending inventory of $2,100; COGS of 01

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