Use This Information to Answer the Following Question A Periodic Inventory System Is Used; Ending Inventory Is 151

question 105

Multiple Choice

Use this information to answer the following question. $$\begin{array} { l l } \text { Beginning inventory } & \text { 100 units @ \$8.00 } \\\text { Purchase-Oct. } & \text { 200 units @ } \$ 6.00 \\\text { Purchase-Dec. } & \text { 100 units } @ \$ 12.00\end{array}$$ A periodic inventory system is used; ending inventory is 151 units.
What is ending inventory under FIFO?

• A) $1,406
• B) $1,606
• C) $1,306
• D) $1,506

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Definitions:

Rates of Victimization

Rates of victimization refer to the frequency or occurrence rate at which individuals or groups are subjected to harm, abuse, or crime.

Older Children

Refers to kids who are in the later stages of childhood, typically ranging from late elementary through pre-adolescence, before becoming teenagers.

Younger Children

Individuals in an early stage of their childhood, often typified by rapid developmental changes in physical, emotional, and cognitive areas.

Maltreated

Subjected to bad or improper treatment or abuse, often used in the context of children who experience neglect or physical, emotional, or sexual abuse.