Question
Multiple Choice Question 98 The following information was available from the inventory records of Marigold Corp. for January: Units Unit Cost Total Cost Balance at
Multiple Choice Question 98 The following information was available from the inventory records of Marigold Corp. for January: Units Unit Cost Total Cost Balance at January 1 8000 $10.30 $82400 Purchases: January 6 6100 10.35 63135 January 26 8000 10.40 83200 Sales January 7 (7300 ) January 31 (11200 ) Balance at January 31 3600 Assuming that Marigold does not maintain perpetual inventory records, what should be the inventory at January 31, using the weighted-average inventory method, rounded to the nearest dollar?
$37343. $37310. $37996. $37260.
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