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Sheffield Corp . recorded the following data pertaining to raw material* during January 2017 : Units Late RECEIVED Cost ISSUED On Hand 1 / 1

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Sheffield Corp . recorded the following data pertaining to raw material* during January 2017 : Units Late RECEIVED Cost ISSUED On Hand 1 / 1 / 17 Inventory 3000 1 / 11 / 17\\ ISELLE 1200 1 / 22 / 17 Purchase 2000 $ 2. 08 3800 The moving - average unit cost of* inventory at January 31 , 2017 15 ~} $2. 72. $ 2.49 . 5 2. 08

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