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Use the Following Information for Questions 98 and 99

Question 51

Multiple Choice

Use the following information for questions 98 and 99.
The following information was available from the inventory records of Rich Company for January: Use the following information for questions 98 and 99. The following information was available from the inventory records of Rich Company for January:   -Assuming that Rich does not maintain perpetual inventory records, what should be the inventory at January 31, using the weighted-average inventory method, rounded to the nearest dollar? A)  $15,757. B)  $15,356. C)  $15,390. D)  $15,540.
-Assuming that Rich does not maintain perpetual inventory records, what should be the inventory at January 31, using the weighted-average inventory method, rounded to the nearest dollar?


A) $15,757.
B) $15,356.
C) $15,390.
D) $15,540.

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