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Question 4 The following information was available from the inventory records of Rich Company for January: Units 9000 Unit Cost $9.77 Total Cost $87930 Balance
Question 4 The following information was available from the inventory records of Rich Company for January: Units 9000 Unit Cost $9.77 Total Cost $87930 Balance at January 1 Purchases: January 6 January 26 6000 | 8100 | 10.3 10.71 61800 86751 Sales January 7 January 31 Balance at January 31 (7500) (11100) 4500 Assuming that Rich 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? waii $46067. $46170. $47270. $46620
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