RJ Corporation Has Provided the Following Information About One of Its

question 71

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 cost of goods sold using the LIFO cost flow assumption under a periodic inventory system?

• A) $11,680,000.
• B) $11,590,000.
• C)$11,480,000.
• D)$11,550,000.

---

Definitions:

Uninterrupted Sales Presentation

A sales pitch or demonstration that is given without breaks or distractions, allowing the seller to present their message continuously.

Hopeless Objection

A scenario in sales where a customer's refusal seems impossible to overcome.

No-need Objection

A type of sales objection where the customer believes they do not need the product or service being offered.