Business, 07.04.2020 15:37 noeliaortiz3478

The following information was available from the inventory records of Waterway Industries for January: Units Unit Cost Total Cost Balance at January 1 8800 $9.80 $86240 Purchases: January 6 5800 10.22 59276 January 26 8000 10.76 86080 Sales January 7 (7700 ) January 31 (11000 ) Balance at January 31 3900 Assuming that Waterway 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.) $40054. $39965. $40533. $40655.

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The following information was available from the inventory records of Waterway Industries for Januar...