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.

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Definitions:

Problem-Solving Ability

The capacity to find solutions for difficult or complex issues, which involves critical thinking and often creative strategies.

Written Exam

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The cognitive ability to rotate mental representations of two-dimensional and three-dimensional objects.

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