Question: PLEASE LIST OUT THE WORK/FORMULAS ON HOW TO GET ANSWER. I WILL RATE! Thank you. The following information was available from the inventory records of

PLEASE LIST OUT THE WORK/FORMULAS ON HOW TO GET ANSWER. I WILL RATE! Thank you.

The following information was available from the inventory records of Sunland Company for January: Units Unit Cost Total Cost 9000 $9.70 $87300 Balance at January 1 Purchases: January 6 January 26 6000 10.35 62100 8300 10.73 89059 Sales January 7 January 31 Balance at January 31 (7400 ) (11300 ) 4600 Assuming that Sunland does not maintain perpetual inventory records, what should be the inventory at January 31, using the weighted-average inventory method, rounded to the nearest dollar? $48550. $47076

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