Use This Information to Answer the Following Question

question 143

Multiple Choice

Use this information to answer the following question.
A periodic inventory system is used.
-Using the specific identification method and assuming that 50 of the items left are from the October 13 purchase and the rest are from the October 20 purchase,the cost assigned to ending inventory is

• A)$3,840.
• B)$3,312.
• C)$3,372.
• D)$3,176.

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Definitions:

Constant Speed

A state of motion in which an object travels at the same rate of distance per unit of time without accelerating or decelerating.

Atelectasis

A condition characterized by the collapse of part or all of a lung, leading to reduced or absent gas exchange.

Pooled Secretions

Accumulation of bodily fluids, typically mucus or saliva, in parts of the body, which can pose a risk of infection or other complications.

Hypocarbia

A condition marked by reduced levels of carbon dioxide in the blood, usually due to excessive breathing.