A Company's Inventory Records Report the Following On August 15,it Sold 30 Units

question 246

Multiple Choice

A company's inventory records report the following:
$$\begin{array} { | l | l | l | } \hline \text { August 1 } & \text { Beginning balance } & 15 \text { units @ \$12 } \\\hline \text { August 5 } & \text { Purchase } & 10 \text { units @ \$13 } \\\hline \text { August 12 } & \text { Purchase } & 20 \text { units @ \$14 } \\\hline\end{array}$$
On August 15,it sold 30 units.Using the FIFO perpetual inventory method,what is the value of the inventory at August 15 after the sale?

• A) $140
• B) $160
• C) $210
• D) $380
• E) $590

---

Definitions:

Inadequate Parenting

A term referring to situations where caregiver behavior fails to meet the emotional, physical, or social needs of the child.

Malnutrition

A condition that arises from eating a diet in which nutrients are either not enough or are too much, leading to health problems.

Psychoanalytic Therapy

A therapeutic approach that explores how the unconscious mind influences thoughts and behaviors, based on Freudian theories.

Behavioural Therapy

A therapeutic approach focusing on changing maladaptive behaviors through conditioning techniques and behavioral modification strategies.