Olympus Climbers Company Has the Following Inventory Data A Physical Count of Merchandise Inventory on July 31 Reveals

question 127

Multiple Choice

Olympus Climbers Company has the following inventory data: $$\begin{array} { r l r r } \text { July } 1 & \text { Beginning inventory } & 30 \text { units at } \$ 19 & \$ 570 \\7 & \text { Purchases } & 105 \text { units at } \$ 20 & 2,100 \\22 & \text { Purchases } & 15 \text { units at } \$ 22 &330\\&&&\$3,000\end{array}$$ A physical count of merchandise inventory on July 31 reveals that there are 48 units on hand.Using the FIFO inventory method the amount allocated to cost of goods sold for July is

• A)$930.
• B)$990.
• C)$2010.
• D)$2070.

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Definitions:

Cultural Feminism

An ideology focusing on the societal recognition of differences between men and women and aiming to celebrate female attributes.

Liberal Feminism

A perspective within feminism that emphasizes individual rights and equal opportunity as the basis for gender equality.

Intersectionality Theory

A model that explains the way various elements of an individual's social and political identities intersect, leading to diverse forms of discrimination and privilege.

Socialist Feminism

An ideological movement that calls for an end to capitalism and patriarchy, advocating for a society where women's liberation is achieved through economic and social equality.