Exhibit 7-4 RJ, Inc. Had the Following Activity for an Inventory Item

question 45

Multiple Choice

Exhibit 7-4
RJ, Inc. had the following activity for an inventory item during June:

-Refer to Exhibit 7-4. Assuming RJ uses a perpetual moving average cost flow assumption, cost of goods sold for June would be

• A) $512
• B) $560
• C) $768
• D) $720

---

Definitions:

Nonviolence

A principle of resolving conflicts without the use of physical force, emphasizing peaceful means.

Self-Sacrifice

The act of giving up one's own interests, desires, or well-being for the sake of others or a greater cause.

Moral Principles

Fundamental beliefs about right and wrong that serve as guides for ethical decision making and behavior.

Postconventional Morality

The highest stage in Kohlberg's theory of moral development, where individuals make ethical decisions based on universal principles of justice that transcend societal and personal norms.