Use Four Decimal Places The Cost of the Estimated Inventory on November 30 Under

question 3

Multiple Choice

Use four decimal places.Chocolate Heaven had the following data for November:
$$\begin{array} { | l | r | r | } \hline & \text { Cost Price } & \text { Retail Price } \\\hline \text { Beginning inventory } & \$ 8,000 & \$ 13,000 \\\hline \text { Purchases } & 18,000 & 25,000 \\\hline \text { Sales } & & 30,000 \\\hline\end{array}$$
The cost of the estimated inventory on November 30 under the retail method is:

• A)$5,440.
• B)$2,560.
• C)$8,160.
• D)$3,840.

---

Definitions:

Leisure Time Activities

Activities performed for enjoyment and relaxation during free time, outside of work responsibilities.

Gaming Session

A period of time dedicated to playing video games or tabletop games, either solo or with others.

Revising

is the process of reviewing and altering written work to improve its content, structure, and clarity, often involving changes to organization, wording, and ideas.

Proofreading

The process of reading and correcting written text to improve accuracy, coherence, and consistency in grammar, spelling, punctuation, and formatting.