Use This Information to Answer the Following Question

question 154

Multiple Choice

Use this information to answer the following question. A periodic inventory system is used.
Using the average-cost method, the cost assigned to ending inventory is

• A) $4,278.
• B) $1,518.
• C) $1,692.
• D) $1,584.

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Definitions:

Disjunction

A logical operation that results in true if at least one of its operands is true.

Conditional

A statement, often expressed as "if-then," that specifies a condition and the outcome if that condition is met.

Conjunction

In grammar, a conjunction is a part of speech that connects words, sentences, phrases, or clauses.

Disjunction

A logical function that results in true when any one or more of the inputs are true.