Berring Sales Uses the Average-Cost Method

question 117

Multiple Choice

Berring Sales uses the average-cost method. The partially completed inventory record for January appears below. On January 14, the company sold 10 units. On January 29, the company sold 50 units. Complete the inventory record through the January 14 sale, and calculate the Inventory balance after the January 14 sale. (Please round to the nearest whole dollar.)

• A)$380
• B)$330
• C)$230
• D)$228

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