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The following information was available from the inventory records of the Carl Company for January Units Unit Cost Total Cost 3,000 Balance at January1 $9.770
The following information was available from the inventory records of the Carl Company for January Units Unit Cost Total Cost 3,000 Balance at January1 $9.770 $29,310 Purchases: January 6 January 26 2,000 10.300 20,600 2,700 10.710 28,917 Sales: January 7 January 3 (2,500) 4.000 1,200 Balance at January 31 Assuming that Carl does NOT maintain perpetual inventory records, what should be the inventory at January 31, using the weighted-average inventory method? [Note: round unit cost to three decimal places, if necessary, and round answer to nearest dollar] a. $12,606. b. $12,284. c. S12,312. d. $12,432
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