A Company Uses the Periodic Inventory System and Had the Following

question 205

Multiple Choice

A company uses the periodic inventory system and had the following activity during the current monthly period. $$\begin{array} { | l | l | l | } \hline \text { November 1: } & \text { Beginning inventory } & 100 \text { units @ \$20 } \\\hline \text { November 5: } & \text { Purchased } & 100 \text { units @ \$22 } \\\hline \text { November 8: } & \text { Purchas ed } & 50 \text { units @ \$23 } \\\hline \text { November 16: } & \text { Sold } & 200 \text { units @ \$45 } \\\hline \text { November 19: } & \text { Purchased } & 50 \text { units @ \$25 } \\\hline\end{array}$$ Using the weighted-average inventory method, the company's ending inventory would be:

• A) $4,400
• B) $2,250
• C) $2,400
• D) $2,200
• E) $2,000

---

Definitions:

PhD Nursing Programs

Advanced academic programs that prepare nurses for leadership roles in research, education, and clinical practice, culminating in a Doctor of Philosophy degree in nursing.

Theory Development

The process of systematically formulating and organizing ideas to understand and explain phenomena, typically used in scientific and academic contexts.

Research Emphasis

A focus or priority placed on investigative study or experimentation aimed at the discovery and interpretation of facts, revision of theories, or practical application of new or revised theories.

Baccalaureate Nursing Education

An undergraduate academic degree program in nursing that prepares individuals to become professional registered nurses.