Automobile Audio Has the Following Inventory Data A Physical Count of Merchandise Inventory on November 30 Reveals

question 188

Multiple Choice

Automobile Audio has the following inventory data: $$\begin{array} { r l r } \text { Nov. } 1 & \text { Inventory } & 30 \text { units } @ \$ 6.00 \text { each } \\8 & \text { Purchase } & 120 \text { units } @ \$ 6.45 \text { each } \\17 & \text { Purchase } & 60 \text { units } @ \$ 6.30 \text { each } \\25 & \text { Purchase } & 90 \text { units } @ \$ 6.60 \text { each }\end{array}$$ A physical count of merchandise inventory on November 30 reveals that there are 100 units on hand.Ending inventory under FIFO is

• A)$657
• B)$1269
• C)$632
• D)$1295

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Definitions:

Pairs

In a psychological context, this may refer to a method used in experiments or therapy sessions involving two participants interacting with each other.

Placenta

An organ that develops in the uterus during pregnancy, providing oxygen and nutrients to the growing baby and removing waste products.

Organ

A part of the body composed of tissues that enable it to perform a particular function.

Nourishment

The provision of essential nutrients from food necessary for growth, health, and good condition.