Dobler Company Uses a Periodic Inventory System

question 167

Multiple Choice

Dobler Company uses a periodic inventory system.Details for the inventory account for the month of January 2022 are as follows: An end of the month (1/31/2022) inventory showed that 240 units were on hand.How many units did the company sell in January 2022?

• A)90
• B)240
• C)300
• D)360

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Definitions:

Supply Chain

An ensemble of organization units, individuals, maneuvers, knowledge base, and resources orchestrated for the direct flow of a product or service from the supplier to the market consumer.

Sternocleidomastoid

A muscle in the side of the neck that runs from the sternum and clavicle up to the mastoid process of the temporal bone.

Sternohyoid

A muscle in the neck that runs from the sternum to the hyoid bone, playing a role in the movement of the hyoid bone and larynx during swallowing and speaking.

Clavicle

A bone located in the shoulder region, commonly known as the collarbone.