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Koontz Company uses the perpetual inventory method. On January 1 , Year 1 , the company's first day of operations, Koontz purchased 4 0 0
Koontz Company uses the perpetual inventory method. On January Year the company's first day of operations, Koontz purchased units of inventory that cost $ each. On January Year the company purchased an additional units of inventory that cost $ each. If Koontz uses a weighted average cost flow method and sells units of inventory, the amount of inventory appearing on balance sheet following the sale will be approximately:
A $
B $
C $
D $
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