Use the Following Information for Questions

question 27

Multiple Choice

Use the following information for questions.
Tang Inc.uses the retail inventory method.The following information is available for the current year:
-The approximate cost of the ending inventory by the conventional retail method is

• A)$153,720.
• B)$147,000.
• C)$143,850.
• D)$142,380.

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Definitions:

Reinforcement-Centered View

A perspective in psychology that emphasizes learning behaviors through the rewards and punishments received as consequences of those behaviors.

Existential Perspective

A philosophical approach that emphasizes individual freedom and choice as the fundamental components of human existence.

Instinct-Based Perspective

A viewpoint emphasizing the role of innate, biological drives in guiding behavior and decisions.

Evolutionary Perspective

An approach that examines human thoughts, feelings, and behaviors through the lens of natural selection and survival advantage.