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The following information was available from the inventory records of Marigold Corp. for January: Units 9000 Unit Cost $9.80 Total Cost $88200 Balance at January
The following information was available from the inventory records of Marigold Corp. for January: Units 9000 Unit Cost $9.80 Total Cost $88200 Balance at January 1 Purchases: January 6 January 26 6300 8000 10.29 10.72 64827 85760 Sales January 7 January 31 Balance at January 31 (7700) (11000) 4600 Assuming that Marigold 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? O $48274. O $47702 O $47247 O $47141
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