Berring Sales Uses FIFO

question 39

Multiple Choice

Berring Sales uses FIFO. The partially completed inventory record for January appears below. On 14 January, the company sold 10 units. On 29 January, the company sold 50 units. Complete the inventory record through to the 14 January sale and calculate the inventory balance after the sale on 14 January. (Please round to the nearest whole dollar.)

• A)$230
• B)$228
• C)$216
• D)$330

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Definitions:

Prenatal Development

The process of growth and development within a mother's womb from conception to birth.

Rubella

Rubella, also known as German measles, is a contagious viral infection notable for its distinctive red rash, primarily a concern due to its serious risk to unborn babies if contracted by pregnant women.

Congenital Malformations

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Vaccine

A biological preparation that provides active acquired immunity to a particular infectious disease.