Metro Computer Company Had the Following Balances and Transactions During

question 10

Multiple Choice

Metro Computer Company had the following balances and transactions during 2014. $$\begin{array} { | l | l | } \hline \text { Beginning inventory } & 100 \text { units at } \$ 75 \\\hline \text { March } 10 & \text { Sold } 50 \text { units } \\\hline \text { June } 10 & \text { Purchased } 200 \text { units at } \$ 80 \\\hline \text { October 30 } & \text { Sold } 150 \text { units } \\\hline\end{array}$$
- What would the Cost of goods sold be as reported on the income statement at December 31,2014 if the perpetual Last-In,First-Out costing method is used? (Answers are rounded to the nearest dollar.)

• A) $15,750
• B) $12,000
• C) $3,750
• D) $15,000

---

Definitions:

Pubertal Development

Refers to the physical changes that occur in the body as a child transitions into adulthood, including growth spurts, development of sexual characteristics, and reproductive maturity.

Sex Characteristics

The physical or physiological features, including reproductive organs, that distinguish male and female organisms.

Malicious Use

The intentional misuse of something, typically technology or information, with the intent to cause harm.

Sexual Photos

Images that depict sexual acts, nudity, or erotic subject matter, often used in the context of adult entertainment or personal exchanges.