Use the Information Below to Answer the Following Questions:
Diligent

question 34

Multiple Choice

Use the information below to answer the following questions:
Diligent Ltd had 5 units of the commodity Algo on hand at 1 September 2012. The following purchases and sales were made during September:

$\begin{array}{llcc} \text { Opening Balance } & \text { Purchases } & \text { Sales } \\ \text {September1\quad 5 units@\$200 \( \$ \) } & \text {September3\quad 5 units @ \$240 \( \quad \) }& \text {September \( 7 \quad 7 \) units}\\ \text { } & \text { 12\quad 3 units@\$260} & \text { 27\quad 5 units } \\ \text { } & \text {25\quad 6 units@\$200 } & \text { } \\\end{array}$
-What was the value of cost of goods sold of Algo,using the LIFO assumption in a perpetual inventory system?

• A) $2600
• B) $2700
• C) $2720
• D) $1400.

---

Definitions:

Obscene Phone Calls

Making unwanted or unsolicited sexual or inappropriate comments, threats, or suggestions over the telephone to harass or intimidate the recipient.

Unsuspecting

Not aware of or not suspecting that something, possibly unpleasant or harmful, is happening or will happen.

Sexual Sadism

A condition where individuals experience sexual pleasure from inflicting pain, suffering, or humiliation on others.

Sexual Masochism

A condition where individuals derive sexual pleasure and gratification from experiencing pain or humiliation.