Question: Green Co. adopted the dollar-value LIFO inventory method on December 31, 2021. Green's entire inventory constitutes a single pool. On December 31, 2021, the inventory


Green Co. adopted the dollar-value LIFO inventory method on December 31, 2021. Green's entire inventory constitutes a single pool. On December 31, 2021, the inventory was $960,000 under the dollar-value LIFO method. Inventory data for 2022 are as follows: Grey Co. recorded the following data pertaining to raw material AA during January 2023 : The moving-average unit cost of AA inventory at January 31, 2023 is a. $2.17. b. $2.21. c. $2.25. d. $2.35
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