Use the Following Information for Questions Below
a Company Had

question 86

Multiple Choice

Use the following information for questions below
A company had the following inventory activity during April:
$$\begin{array}{l}\text { }\\\begin{array} { l l l l l} &&\text {units }&\text { unit cost}&\text { total cost}\\\text { beginning}&\text {inventory }&800&\$10.00&\$8,000\\\text { purchase}&\text {april 6 }&1,400&11.00&15,400\\\text {sale }&\text {april }&(1,500) \\\text {purchase }&\text {april 17}&900&10.50&9,450\\\text {sale }&\text {april 24 }&(900) \\\end{array}\end{array}$$
-If the company is using a perpetual system and the weighted-average cost formula,what is the ending inventory closest to?

• A)$8,470
• B)$7,777
• C)$7,560
• D)$7,391

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Definitions:

Sequential Touching

A methodical approach to exploring objects by touching them one after another in a specific order.

Intermodal Perception

The ability to integrate information from two or more senses, such as seeing a ball and recognizing its sound as it bounces.

Referential Looking

The process by which individuals look at objects or events that others are looking at or pointing to, facilitating shared attention.

Working Memory

A cognitive system responsible for temporarily holding information available for processing, crucial for reasoning, guidance of decision-making, and behavior.