oriole. inc uses the perpetual inventory system, and recorded the following data pertaining to raw material x
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Question:
oriole. inc uses the perpetual inventory system, and recorded the following data pertaining to raw material x during January 2023: Jan 1 st inventory cost 4, on hand 3500. Jan 11issued (sold) issued 1610, on hand 1890. jan 22, purchase received 3740, cost 5 and on hans 5630. the moving average unit cost of raw material x inventory at January 31, 2023 is.... options a) $4.66, option b)$4.53,option c)$5.00 and option d) $4.43.
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