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Bueno Company's Purchase and Sales Transactions for the Month of July

Question 28

Multiple Choice

Bueno Company's purchase and sales transactions for the month of July were as follows: 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. 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.

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