Use This Information to Answer the Following Question

question 5

Multiple Choice

Use this information to answer the following question.
-A periodic inventory system is used;ending inventory is 140 units.
What is cost of goods sold under FIFO?

• A)$1,760
• B)$3,160
• C)$2,160
• D)$4,160

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Definitions:

Emotional Appeal

A persuasive technique that seeks to elicit an emotional response from the audience to win support for a particular stance or action.

Discrepancy

A lack of compatibility or agreement between two or more facts, figures, or perceptions.

Expertise

Exceptional skill or knowledge in a particular field or area, acquired through training, study, or practice.

Urban Farmer

An individual who engages in agriculture or farming practices within a city or urban area, often focusing on the cultivation of fruits, vegetables, and other produce in small or limited spaces.