Dupont Ltd Uses a Periodic Inventory System with the Specific

question 22

Multiple Choice

Dupont Ltd uses a periodic inventory system with the specific identification method of cost assignment. $\begin{array}{lrrr}&\text { Date }&\text {Units }&\text {Unit Cost \$}\\\text { Beginning Inventory } & \text { July 1 } & 1000 & 10 \\\text { Purchase } & 10 & 2000 & 11 \\\text { Purchase } & 20 & 1000 & 13\end{array}$ On 25 July 500 units from beginning inventory and 1500 units from the 10 July purchase were sold.What was the value of ending inventory at 31 July?

• A)$10 500
• B)$23 500
• C)$26 000
• D)$34 500

Describe the structure and characteristics of the U.S. class system.

Explore and explain theories related to stratification, including the works of Marx and Weber.

Discuss the achievability of the "American Dream" in the context of current socio-economic conditions.

Compare and contrast functionalist and conflict perspectives on poverty and stratification.

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Definitions:

Social Structure

The organized pattern of social relationships and social institutions that together compose society, influencing how individuals interact and behave.

Racial Dynamics

The interactions and relationships between different racial groups within a society, highlighting how power, privilege, and social structures affect these interactions.

U.S. History

The study of the past events, developments, and cultural changes in the United States.

Color-Blind Ideology

A belief that overlooks or rejects racial and ethnic differences, often as a purported approach to combat racism, but can actually reinforce racial inequalities.