Alpha First Company Just Began Business and Made the Following

question 157

Multiple Choice

Alpha First Company just began business and made the following four inventory purchases in June: $$\begin{array} { r r r r } \text { June } & 1 & 150 \text { units } & \$ 1,040 \\\text { June } & 10 & 200 \text { units } & 1,560 \\\text { June } & 15 & 200 \text { units } & 1,680 \\\text { June } & 28 & 150 \text { units } & 1,320 \\& & & \$ 5,600 \\\hline\end{array}$$ A physical count of merchandise inventory on June 30 reveals that there are 210 units on hand.Using the LIFO inventory method the value of the ending inventory on June 30 is

• A)$1456
• B)$1508
• C)$1848
• D)$1824

---

Definitions:

Sensory Information

Data received through the senses (sight, hearing, touch, taste, and smell), which is processed by the brain to understand the environment.

Neural Impulses

Electrical signals transmitted along neurons that facilitate the communication between the brain and different parts of the body.

Kinesthesia

The perception that recognizes the position of the body, the mass it carries, or the motion of the muscles, tendons, and joints.

Vestibular Sense

A sensory system located in the inner ear that is responsible for providing the brain with information about motion, head position, and spatial orientation.