Question: Multiple Choice Question 99 The following information was available from the inventory records of Coronado Industries for Balance at January 1 Purchases Units 7 000

 Multiple Choice Question 99 The following information was available from the

Multiple Choice Question 99 The following information was available from the inventory records of Coronado Industries for Balance at January 1 Purchases Units 7 000 Unt Cost Total Cost 10.10 570700 lanviary 25 6109 7000 10.10 10.10 61610 70700 January 7 (4000) January 31 120000 Balance January 11 0100 Assuming that Coronado mantan perw ery records, whethe met M y 11 the average w ory method, rounded to the nearest dollar? O O 541503 $12248 1400 541410

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