For the Current Month, the Beginning Inventory of Elipresse Inc $@ \mathrm{CHF}, 800$

question 30

Multiple Choice

For the current month, the beginning inventory of Elipresse Inc.consisted of 3 units that cost CHF6,500 each.During the month, the company made two purchases: 4 units at CHF6,800 each and 1 units at CHF6,750.Elipresse sold 5 units during the month.If Elipresse uses specific identification and wishes to maximize net income, the units costs allocated to cost of goods sold will be:

• A) 5 units@CHF6,500.
• B) 4 units@CHF6,800and 1 unit @ CHF6,750
• C) 3 units@CHF6,500 and 1 unit \( @ \mathrm{CHF}, 800 \)
• D) \( \quad 3 \) units@CHF6,500,1 unit @CHF6,750and 1 unit \( @ C H F 6,800 \)

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Definitions:

Extension

The movement by which the angle between two bones is increased, typically referring to limbs or joints.

Circumduction

A circular movement of a limb or eye that combines flexion, extension, abduction, and adduction.

Protraction

The act of moving a body part forward, as in pushing the shoulders or jaw forward.

Supination

A rotational movement of the forearm that turns the palm upward or forward.