Laser Listening Has the Following Inventory Data A Physical Count of Merchandise Inventory on November 30 Reveals

question 132

Multiple Choice

Laser Listening 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.Assuming that the specific identification method is used and that ending inventory consists of 30 units from each of the three purchases and 10 units from the November 1 inventory cost of goods sold is

• A)$640.
• B)$1286
• C)$1281
• D)$1254

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Definitions:

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Elements of an individual's life that do not pertain to their job or profession, which might affect their overall well-being or performance.

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The study of how individuals manage their resources, make financial decisions, and utilize economic principles in personal contexts.

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