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    Exam 8: Valuation of Inventories: a Cost-Basis Approach
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    Groh CoRecorded the Following Data Pertaining to Raw Material X During
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Groh CoRecorded the Following Data Pertaining to Raw Material X During

Question 64

Question 64

Multiple Choice

Groh Co.recorded the following data pertaining to raw material X during January 2010: Groh Co.recorded the following data pertaining to raw material X during January 2010:   The moving-average unit cost of X inventory at January 31, 2010 is A) $8.70. B) $8.85. C) $9.00. D) $9.40. The moving-average unit cost of X inventory at January 31, 2010 is


A) $8.70.
B) $8.85.
C) $9.00.
D) $9.40.

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