Better Deals Company Has 6 Units in Inventory on December

question 64

Multiple Choice

Better Deals Company has 6 units in inventory on December 31.The units were purchased in November for $155 each.The price lists from the suppliers indicate that the same items would now cost the company a total of $960.What would be the amount reported as ending Merchandise Inventory on the balance sheet?

• A) $1,890
• B) $315
• C) $930
• D) $960

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Definitions:

Smart Refrigerator

An advanced fridge equipped with internet connectivity and features such as inventory monitoring, streaming media, and integration with other smart home devices.

Wireless Network

A network where devices connect and communicate using radio waves instead of wires, enabling mobility and flexibility.

Coffeemaker

A kitchen appliance used for brewing coffee from ground coffee beans or coffee pods.

IBM

A multinational technology and consulting company known for its hardware, software, and services in computing.