Question 39 of 45 The following information was available from the inventory records of Key...
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Question 39 of 45 The following information was available from the inventory records of Key Company for January: Units Unit Cost Total Cost 3,000 $9.77 $29,310 Balance at January 1 Purchases: January 6 2,000 10.30 20,600 January 26 2,700 10.71 28,917 Sales: January 7 (2,500) January 31 (4.200) Balance at January 31 1.000 Assuming that Key uses the periodic Inventory system what should the inventory be at January 31, using the weighted average Inventory method, rounded to the nearest dotar? $10.237 $10.260 $10,360 $10,505
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