Use This Inventory Information for the Month of September to Answer

question 113

Multiple Choice

Use this inventory information for the month of September to answer the following question. $\begin{array}{llll}\text { Sept. } & 1 & \text { Beginning inventory } & 10 \text { units @ } \$ 120 \\& 5 & \text { Purchase } & 60 \text { units @ } \$ 112 \\& 14 & \text { Sale } & 40 \text { units }\\&21& \text { Purchase } &30 \text { units @\$116 }\\&30 &\text { Sale }& 28 \text { units } \end{array}$

Assuming that a perpetual inventory system is used,what is ending inventory (rounded) under the average-cost method?

• A) $3,666
• B) $3,712
• C) $3,208
• D) $7,734

---

Definitions:

Pierre Bourdieu

A French sociologist and public intellectual known for his theories on habitus, cultural capital, and the social structures of society.

Constructivism

A theory in education and sociology that knowledge is constructed by learners as they engage with the world around them, emphasizing active learning.

Structuralism

A theoretical perspective that emphasizes the importance of underlying structures in understanding human culture, society, and psychology.

Structuration Theory

A concept in social science that outlines how societal structures are both constituted by human agency and yet at the same time are the very medium of this constitution.