Use the Following Information for Questions Below
a Company

question 32

Multiple Choice

Use the following information for questions below
A company had the following inventory activity during May:
$\begin{array}{lrccc}&\text { Units }& \text { Unit Cost } & \text { Total Cost } & \text { Unit Price } \\\hlineBeginning~ inventory&100 & \$ 20.00 & \$ 2,000 & \\Purchase: ~November~3&900 & \$ 21.00 & 18,900 & \\Sale: \quad November ~5&(900) & & & \$ 30.00 \\Purchase: November ~15&1,000 & \$ 21.00 & 21,000 & \\Sale: \quad November~ 28&(900) & & & \$ 30.00\end{array}$
-If the company uses a perpetual system and the weighted-average cost formula,what is the gross margin on the November 5 sale?

• A)$6,100
• B)$8,100
• C)$8,190
• D)$8,550

---

Definitions:

Bee

A flying insect known for its role in pollination and, in the case of honey bees, for producing honey, notable for its complex social structure and hive behavior.

Convergent Evolution

The independent evolution of similar traits in different species due to adaptation to similar environments or ecological niches.

Spadefoot Frog Tadpoles

The larval stage of spadefoot frogs, known for their ability to rapidly metamorphose in response to environmental conditions.

Defenseless Prey

Animals that lack overt physical defenses against predators, often relying on camouflage or escape behaviors for survival.