Adam IncUses a Perpetual Inventory System and Has the Following Data

question 183

Multiple Choice

Adam Inc.uses a perpetual inventory system and has the following data for January:
$$\begin{array} { r l r } \text { Jan. } 1 & \text { On hand, } 10 \text { units } @ \$ 2 \text { each } & \$ 20 \\4 & \text { Sold } 8 \text { units } @ \$ 10 \text { each } & 80 \\22 & \text { Purchased } 50 \text { units } @ \$ 4 \text { each } & 200 \\26 & \text { Sold } 48 \text { units } @ \$ 10 \text { each } & 480\end{array}$$
- If Adam uses the FIFO method,how much is ending inventory on January 31?

• A)$8
• B)$12
• C)$16
• D)$40

Demonstrate knowledge of effective preoperative preparation and goals, including patient assessment and education.

Understand and promote exercises and activities to prevent postoperative complications.

Explain the roles and responsibilities of the perioperative nursing team and the phases of perioperative care.

Implement appropriate interventions to maintain patient safety and comfort during the intraoperative phase.

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Definitions:

Endorser's Signature

The signature of the person who endorses a document, often found on checks or financial instruments, indicating their approval or transfer of rights.

Blank Endorsement

A payee’s or last endorsee’s signature on a negotiable instrument.

Payee's Signature

The signature of the individual or entity that is entitled to receive payment on a financial instrument, such as a check or promissory note.

Last Endorsee

The final person or entity to whom a negotiable instrument, such as a cheque, has been legally transferred.