Zara recorded the following data:
Date Units Cost
1/1 Inventory 500 $20.
1/8 Purchased 1,000 30
1/12 Sold 1,200
Assume Zara is using the weighted average, the ending inventory Balance to be reported on the Balance sheet at January 31 is:
Select one:
a. $12,500
b. $32,040
c. $8,000
d. $24,000
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