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Use the Following Information for Questions

Question 61

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Use the following information for questions
Use the following information for questions     -Assuming that Lock maintains perpetual inventory records, what should be the inventory at January 31, using the moving-average inventory method, rounded to the nearest dollar? A) $10,505. B) $10,237. C) $10,260. D) $10,360.
-Assuming that Lock maintains perpetual inventory records, what should be the inventory at January 31, using the moving-average inventory method, rounded to the nearest dollar?


A) $10,505.
B) $10,237.
C) $10,260.
D) $10,360.

Correct Answer:

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