Benny's Bed Co

question 75

Multiple Choice

Benny's Bed Co. uses a periodic inventory system and the average cost retail method to estimate ending inventory and cost of goods sold. The following data is available from the company records for the month of September 2018.
-To the nearest thousand, estimated ending inventory is:

• A) $41,000.
• B) $37,000.
• C) $51,000.
• D) None of these answer choices are correct.

---

Definitions:

Common Identity

A sense of belonging to a group or category that is broadly shared amongst its members, often influencing behavior and social cohesion.

Blame-The-Victim Dynamic

A social and psychological phenomenon where the victim of a crime, accident, or any type of abusive maltreatment is held responsible for the misconduct committed against them.

Poverty

The state of being extremely poor, where individuals or communities lack the financial resources for basic living standards.

High Rates

Instances or occurrences that happen at a greater frequency, often used in statistical and observational contexts.