Use the Following Information for the Month of June for Questions

question 103

Multiple Choice

Use the following information for the month of June for questions
XYZ Inc.uses the average cost formula in a perpetual inventory system.
(Use unrounded numbers in your calculations but round to the nearest cent for presentation purposes in your answer.)

-Total cost of goods sold for the month of June is

• A)$2,914.65.
• B)$2,934.96.
• C)$2,946.24.
• D)$2,994.80.

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Definitions:

Monosaccharides

The simplest form of carbohydrates, consisting of single sugar molecules like glucose and fructose, that serve as energy sources.

Reducing Sugars

Sugars capable of acting as reducing agents, having free aldehyde or ketone groups that allow them to reduce other compounds, commonly tested by Benedict's or Fehling's solution.

Ketose

A type of monosaccharide (simple sugar) where the carbonyl group is a ketone, found in several biochemical pathways.

Aldose

A type of carbohydrate that contains an aldehyde group as its carbonyl functional group.