Use the Following Information for Questions

question 89

Multiple Choice

Use the following information for questions.
Plank Co.uses the retail inventory method.The following information is available for the current year.
-If the ending inventory is to be valued at approximately lower-of-average-cost-or-net realizable value, the calculation of the cost ratio should be based on cost and retail of

• A)$300,000 and $430,000.
• B)$300,000 and $428,000.
• C)$373,000 and $550,000.
• D)$378,000 and $552,000.

---

Definitions:

Chromosomes

Thread-like structures located inside the nucleus of animal and plant cells, made of protein and a single molecule of deoxyribonucleic acid (DNA), carrying genetic information.

Age

The amount of time that something or someone has existed; a critical factor in determining physical, psychological, and social attributes.

Menstrual Period

The phase of the menstrual cycle where bleeding occurs from the uterus, typically lasting a few days and marking the shedding of the uterine lining.

Pubertal Development

Refers to the series of physical changes during adolescence that lead to sexual maturity.