Find the Average Inventory

question 46

Multiple Choice

Find the average inventory.
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• A)$32,341.75
• B)$32,920.00
• C)$25,873.40
• D)$129,367.00

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Definitions:

Material A

A placeholder term often used to refer to a specific type of raw material used in manufacturing or production processes.

Direct Materials

Raw materials that can be directly attributed to the production of specific goods or services.

Production

The process of creating goods or services by combining labor, materials, and technology.

Dollar Amount

The total value of something expressed in dollars.