Dobler Company Uses a Periodic Inventory System An End of the Month (1/31/2017) Inventory Showed That 240

question 11

Multiple Choice

Dobler Company uses a periodic inventory system. Details for the inventory account for the month of January 2017 are as follows: $\begin{array}{llrr}&\text { Units }&\text { Per unit price }&\text { Total }\\\text { Balance, } 1 / 1 / 2017 & 300 & \$ 5.00 & \$ 1.500 \\\text { Purchase, } 1 / 15 / 2017 & 150 & 5.30 & 795 \\\text { Purchase, } 1 / 28 / 2017 & 150 & 5.50 & 825\end{array}$ An end of the month (1/31/2017) inventory showed that 240 units were on hand. If the company uses FIFO, what is the value of the ending inventory?

• A)$1,320
• B)$1,200
• C)$1,302
• D)$1,818

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Definitions:

Full-Thickness Repair

A surgical method for repairing injuries that extend through the entire depth of the tissue, often referring to skin or muscle layers.

Granulation Tissue

Soft, pink, fleshy projections of tissue that form during the healing process in a wound not healing by primary intention.

Eschar

Thick layer of dead, dry tissue that covers a pressure ulcer or thermal burn. It may be allowed to be sloughed off naturally, or it may need to be surgically removed.

Wound Dehiscence

A surgical complication where a wound ruptures along a surgical incision line, often due to inadequate healing or mechanical stress on the wound.