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Block 1 of 1 Time remaining: 00:42:46 The following information was available from the inventory records of Qadari Company for October Units Unit Cost Total
Block 1 of 1 Time remaining: 00:42:46 The following information was available from the inventory records of Qadari Company for October Units Unit Cost Total Cost Balance at October 1 60.000 4.50 270.000 Purchases October 6 40.000 5.10 204.000 October 26 54.000 5.20 280.800 Sales October 7 (50,000) October 31 (80.000 Balance at October 31 24.000 What should be the inventory reported on Qadari's October 31 statement of financial position using the average cost inventory method (if average cost per unit is rounded to two decimal places)? Assessment Navigator
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