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Business, 08.10.2019 03:00 timthaartist

During january 20x3, metro co., which maintains a perpetual inventory system, recorded the following information pertaining to its inventory: units unit cost total cost units on hand balance on 1/1/x3 1,000 $1 $1,000 1,000 purchased on 1/7/x3 600 $3 $1,800 1,600 sold on 1/20/x3 900 700 purchased on 1/25/x3 400 $5 $2,000 1,100 under the moving-average method, what amount should metro report as inventory at january 31, 20x3?

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During january 20x3, metro co., which maintains a perpetual inventory system, recorded the following...
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