Near the End of 2010, Bruce Co What Amount of the Above Purchases Should Be Included in Months

question 4

Multiple Choice

Near the end of 2010, Bruce Co.made the following purchases.The months involved in all cases are December 2010 and January 2011. $\begin{array}{llllll}&&\text { Date } & \text { Date } & \text { Date } & \text { Date } \\&&\text { Goods } & \text { Invoice } & \text { Goods } & \text { Invoice}\\\text { Amount } & \text { FOB } & \text { Shipped } & \text { Mailed } & \text { Rec'd } & \text { Rec'd }\\\$ 1,575 & \text { Destination } & 12 / 29 & 1 / 2 & 1 / 5 & 1 / 4 \\2,430 & \text { Shipping Point } & 1 / 2 & 12 / 29 & 1 / 4 & 12 / 30 \\1,890 & \text { ShippingPoint } & 12 / 28 & 1 / 2 & 1 / 3 & 1 / 4 \\2,700 & \text { Destination } & 12 / 29 & 12 / 27 & 1 / 2 & 12 / 28\end{array}$
What amount of the above purchases should be included in inventory at December 31, 2010?

• A)$1, 575
• B)$1, 890
• C)$4, 320
• D)$4, 575

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Definitions:

Agoraphobia

The fear of places and situations that might cause panic, helplessness, or embarrassment.

Social Anxiety Disorder

A chronic mental health condition characterized by an intense fear of social situations due to perceived negative evaluation by others.

Specific Phobia

An intense, irrational fear of a specific object, activity, or situation that leads to significant distress or impairment in social, occupational, or other important areas of functioning.

Anxiety

A feeling of worry, nervousness, or unease, typically about an imminent event or something with an uncertain outcome.