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The following information is available regarding costs of printers purchased and sold by XYZ Co during the past year: If XYZ Co . uses the

The following information is available regarding costs of printers purchased and sold by XYZ Co during the past year:
If XYZ Co. uses the perpetual moving average inventory approach, what December 31 inventory?
a. $1,397.00
b. $1,392.30
c. $1,374.75
d. $1,385.00
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