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Question 6 of 38 < > The following information was available from the inventory records of Sheridan Company for January Units Unit Cost Total
Question 6 of 38 < > The following information was available from the inventory records of Sheridan Company for January Units Unit Cost Total Cost Balance at January 1 2900 $10.67 $30943 Purchases: January 6 2000 10.50 21000 January 261 2600 1101 28626 Sales January 7 (2400) January 31 (4100) Balance at January 31 1000 -/1 e Assuming that Sheridan uses the perpetual inventory system, what should the inventory be at January 31, using the moving average Inventory method, rounded to the nearest dollar? (Round intermediate calculations to 3 decimal places, eg. 2.456) $10755 $10743 O $10809 $10500
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