Peach Pink Inc A Physical Count of Merchandise Inventory on July 31 Reveals

question 112

Multiple Choice

Peach Pink Inc.has the following inventory data: $$\begin{array} { r l r r } \text { July } 1 & \text { Beginning inventory } & 40 \text { units at } \$ 20 & \$ 800 \\7 & \text { Purchases } & 140 \text { units at } \$ 21 & 2,940 \\22 & \text { Purchases } & 20 \text { units at } \$ 22 & 440\\&&&\$4,180\end{array}$$ A physical count of merchandise inventory on July 31 reveals that there are 50 units on hand.Using the FIFO inventory method the amount allocated to cost of goods sold for July is

• A)$3110.
• B)$3170.
• C)$3010.
• D)$3080.

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An annual ranking by Forbes magazine of the 500 largest corporations in the U.S. based on their revenue.

Partial ANOVA Table

A summary table that shows the results of an ANOVA test, including only a subset of the complete information typically presented.

Slope

A measure of the steepness or incline of a line, calculated as the ratio of the vertical change to the horizontal change between two points on the line.

Forbes 500 List

An annual ranking by Forbes magazine of the 500 largest U.S. corporations, based on their revenue.