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Berring Sales Uses the Average-Cost Method

Question 56

Multiple Choice

Berring Sales uses the average-cost method.The partially completed inventory record for January appears below. Berring Sales uses the average-cost method.The partially completed inventory record for January appears below.   On January 14,the company sold 10 units.On January 29,the company sold 50 units. -Complete the inventory record and calculate the Inventory balance at the end of January.(Please round to the nearest whole dollar.)  A)  $135 B)  $249 C)  $141 D)  $228 On January 14,the company sold 10 units.On January 29,the company sold 50 units.
-Complete the inventory record and calculate the Inventory balance at the end of January.(Please round to the nearest whole dollar.)


A) $135
B) $249
C) $141
D) $228

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