Use the Following Information for Questions:
a Company Had the Following

question 12

Multiple Choice

Use the following information for questions:
A company had the following inventory activity during January: $\begin{array}{lrrr}&\text { Units}&\text { Unit Cost }&\text {Total Cost }\\\hline\text { Beginning inventory } & 800 & \$ 10.00 & \$ 8,000 \\\text { Purchase: January } 5 & 1,400 & 11.00 & 15,400 \\\text { Sale: January } 8 & (1,500) & & \\\text { Purchase: January 13 } & 900 & 10.50 & 9,450 \\\text { Sales: January } 24 & (900) & &\end{array}$
-If the company is using a perpetual system and the moving average costing assumption, what is the ending inventory closest to?

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

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Definitions:

Ethical Concern

Considerations related to the morality and principles guiding decisions, often arising in situations where choices affect well-being or rights of individuals and communities.

Human Laboratory Studies

Research conducted in controlled, laboratory settings that involve human participants to investigate a wide range of psychological, physiological, or behavioral phenomena.

Intentional Harm

The deliberate infliction of damage or injury upon another individual or group.

Aggression

A range of behaviors or actions intended to harm, intimidate, or assert dominance over others, often resulting from frustration, threats, or social learning.