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Use the Following Information for Questions

Question 60

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Use the following information for questions.
The following information was available from the inventory records of Rich Company for January: Use the following information for questions. The following information was available from the inventory records of Rich Company for January: -Assuming that Rich maintains perpetual inventory records, what should be the inventory at January 31, using the moving-average inventory method, rounded to the nearest dollar? A) $12,606. B) $12,284. C) $12,312. D) $12,432.
-Assuming that Rich maintains perpetual inventory records, what should be the inventory at January 31, using the moving-average inventory method, rounded to the nearest dollar?


A) $12,606.
B) $12,284.
C) $12,312.
D) $12,432.

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