Barry's Books Uses a Periodic Inventory System

question 18

Multiple Choice

Barry's Books uses a periodic inventory system. Barry's Books sold 40 copies of Helpful Hints during September. Other data for September include: Cost of goods sold under the FIFO method is:

• A) $720.
• B) $975.
• C) $1,575.
• D) some other number.

---

Definitions:

Bases

Substances that can accept hydrogen ions (protons) or more generally, donate electron pairs, in chemical reactions.

Complementary Strand

A nucleic acid strand that forms a sequence match according to the base pairing rules with another strand.

Base Sequence

The order of nucleotide bases in a DNA or RNA molecule that encodes genetic information.

Uracil

A nitrogenous base found in RNA that pairs with adenine during RNA synthesis.