Bueno Company's purchase and sales transactions for the month of July were as follows:
The company sold 8,000 units on July 22. Assuming that Bueno keeps perpetual inventory records, inventory at July 31 on a moving-average basis is
A) €34,400.
B) €35,300.
C) €52,680.
D) €48,650.
Correct Answer:
Verified
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