RJ Corporation Has Provided the Following Information About One of Its

question 49

Multiple Choice

RJ Corporation has provided the following information about one of its inventory items: $\begin{array}{clrr}\text { Date }&\text { Transaction } &\text { Number of Units }&\text { Cost per Unit }\\\hline1 / 1 & \text { Beginning Inventory } & 400 & \$ 3,200 \\6 / 6 & \text { Purchase } & 800 & \$ 3,600 \\9 / 10 & \text { Purchase } & 1,200 & \$ 4,000 \\11 / 15 & \text { Purchase } & 800 & \$ 4,200\end{array}$ During the year, RJ sold 3,000 units. What was ending inventory using the average cost flow assumption under a periodic inventory system?

• A) $640,000.
• B) $840,000.
• C)$770,000.
• D)$880,000.

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Definitions:

Electrical Activity

The movement of electrons or charged ions that creates electrical signals, as seen in the nervous system and heart.

Cardiac Diagnostic

refers to tests and procedures used to assess the cardiovascular system's function and diagnose heart conditions.

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A painful disorder caused by compression of the median nerve in the carpal tunnel of the wrist.

Medial Nerve

A peripheral nerve of the arm, involved in the sensation and movement of the hand and forearm.