Dark CoRecorded the Following Data Pertaining to Raw Material X During

question 26

Multiple Choice

Dark Co.recorded the following data pertaining to raw material X during January 2007: $\begin{array}{lllll}&\text { Units }\\\text { Date } && \text { Received } & \text { Cost } & \text { Issued } & \text {On Hand }\\1 / 1 / 07 & \text { Inventory } && \$ 8.00 & & 3,200 \\1 / 11 / 07 & \text { Issue } & && 1,600 & 1,600\\1/22/07&\text { purchase }&4,000&\$9.40&&5,600\end{array}$ The moving-average unit cost of X inventory at January 31, 2007 is

• A)$8.70.
• B)$8.85.
• C)$9.00.
• D)$9.40.

---

Definitions:

Economic Activity

The actions that involve the production, distribution, and consumption of goods and services in an economy.

Tariffs

Taxes imposed on imported goods and services, which are typically used by governments to protect domestic industries, raise revenue, or exert political leverage.

Trade Restrictions

Regulations or policies that countries adopt to limit the import and export of goods and services, often to protect domestic industries.

Secondary Effects

Unintended consequences of economic actions, which may manifest in areas not directly targeted by the initial action.