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Multiple Choice Question 99 The following information was available from the inventory records of Coronado Industries for Balance at January 1 Purchases Units 7 000

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Multiple Choice Question 99 The following information was available from the inventory records of Coronado Industries for Balance at January 1 Purchases Units 7 000 Unt Cost Total Cost 10.10 570700 lanviary 25 6109 7000 10.10 10.10 61610 70700 January 7 (4000) January 31 120000 Balance January 11 0100 Assuming that Coronado mantan perw ery records, whethe met M y 11 the average w ory method, rounded to the nearest dollar? O O 541503 $12248 1400 541410

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