Delightful Discs Has the Following Inventory Data A Physical Count of Merchandise Inventory on November 30 Reveals

question 69

Multiple Choice

Delightful Discs has the following inventory data: $\begin{array}{rll}\text { Nov. } 1 & \text { Inventory } & 30 \text { units } @ \$ 6.00 \text { each } \\8 & \text { Purchase } & 120 \text { units } @ \$ 6.45 \text { each } \\17 & \text { Purchase } & 60 \text { units } @ \$ 6.30 \text { each } \\25 & \text { Purchase } & 90 \text { units } @ \$ 6.60 \text { each }\end{array}$ A physical count of merchandise inventory on November 30 reveals that there are 100 units on hand. Ending inventory under LIFO is

• A)$657
• B)$632
• C)$1,269
• D)$1,295

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Definitions:

Computer Code

A set of instructions or a program written by humans to be executed by computers.

Field Dependence

A cognitive style characterized by a reliance on external frames of reference and the tendency to perceive objects as a whole rather than as separate parts.

Slanted Wording

Slanted wording involves the use of biased, misleading, or emotionally charged language to influence an audience's perception.

Ethnic Groups

Groups of people who identify with each other through a shared heritage, culture, language, or common ancestry.