RJ Corporation Has Provided the Following Information About One of Their

question 114

Multiple Choice

RJ Corporation has provided the following information about one of their inventory items:

$$\begin{array}{ll}\begin{array} { ll } \text { Date } & \text { Transaction } \\1 / 1 & \text { Beginning Inventory } \\6 /6& \text { Purchase } \\9 / 10 & \text { Purchase } \\11/ 15 & \text { Purchase }\end{array}\begin{array} { l l} \text { Number of Units } & \text { Cost per Unit } \\400& \$ 3,200 \\800 & \$ 3,600 \\1,200 & \$ 4,000 \\800 & \$ 4,200\end{array}\end{array}$$
During the year,3,000 units were sold. What was cost of goods sold using the average cost flow assumption?

• A)$11,680,000
• B)$11,590,000
• C)$11,480,000
• D)$11,550,000

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Definitions:

Action Potential

A temporary shift in the electrical charge of a neuron's membrane, leading to the transmission of a nerve impulse.

Threshold

The level of stimulation required to trigger a neural impulse.

Neural Impulse

Electrical signals that travel along neurons, facilitating the transmission of information throughout the nervous system.

Stimulation

The activity of encouraging or arousing interest, excitement, or activity in someone or something.