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Question 9 The following information was available from the inventory records of Bonita Industries for January: Units Unit Cost Total Cost $9.76 $88816 9100 Balance
Question 9 The following information was available from the inventory records of Bonita Industries for January: Units Unit Cost Total Cost $9.76 $88816 9100 Balance at January 1 Purchases: January 6 January 26 5800 8300 10.30 10.75 59740 89225 Sales January 7 (7400) January 31 (11300) Balance at January 31 4500 Assuming that Bonita maintains perpetual inventory records, what should be the inventory at January 31, using the moving average inventory method, rounded to the nearest dollar? (Round average cost per unit to 3 decimal places, e.g. 1.485.) $46120. $46710. $46224. $47270
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