Use the following information for questions
The following information was available from the inventory records of Neer Company for January:
-Assuming that Neer 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.

Question

Use the following information for questions 
The following information was available from the inventory records of Neer Company for January:  
-Assuming that Neer 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.

Quizplus · Accepted Answer

The Answer of Use the following information for questions 
The following information was available from the inventory records of Neer Company for January:  
-Assuming that Neer 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.

Use the Following Information for Questions