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    Intermediate Accounting Study Set 9
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    Exam 8: Valuation of Inventories: a Cost-Basis Approach
  5. Question
    Groh Co Recorded the Following Data Pertaining to Raw Material X
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Groh Co Recorded the Following Data Pertaining to Raw Material X

Question 14

Question 14

Multiple Choice

Groh Co. recorded the following data pertaining to raw material X during January 2014: Groh Co. recorded the following data pertaining to raw material X during January 2014:   The moving-average unit cost of X inventory at January 31, 2014 is A)  $6.52. B)  $6.63. C)  $6.75. D)  $7.05. The moving-average unit cost of X inventory at January 31, 2014 is


A) $6.52.
B) $6.63.
C) $6.75.
D) $7.05.

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