Table 6-6 Sam's Wholesale Bikes -Refer to Table 6-6

question 72

Multiple Choice

Table 6-6 Sam's Wholesale Bikes $$\begin{array} { | l | l | } \hline \text { January } 1 \text { inventory balance } & 15 \text { units at } \$ 350 \text { per unit } \\\hline \text { January } 4 \text { purchase } & 50 \text { units at } \$ 375 \text { per unit } \\\hline \text { January } 15 \text { sale } & 40 \text { units at } \$ 550 \text { per unit } \\\hline \text { February } 8 \text { purchase } & 80 \text { units at } \$ 405 \text { per unit } \\\hline \text { February } 15 \text { sale } & 70 \text { units at } \$ 550 \text { per unit } \\\hline\end{array}$$
-Refer to Table 6-6. What is the value of the February ending inventory assuming that Sam's uses the perpetual weighted-average inventory method?

• A)$13,877
• B)$17,628
• C)$6,700
• D)$9,404

---

Definitions:

Basic Emotions

A group of emotions that are considered to be universal and innate across human cultures, including happiness, sadness, anger, fear, surprise, and disgust.

Individualist

A person with a preference for independence and self-reliance, prioritizing their own goals and self-expression over group goals.

Universal Emotion

Basic emotions that are experienced by all humans across cultures, such as happiness, sadness, fear, disgust, anger, and surprise.

Security Motivation

A psychological state driving individuals to pursue safety and security in their environment and relationships.