Given the Following Information, Determine the Cost of Ending Inventory

question 184

Multiple Choice

Given the following information, determine the cost of ending inventory at December 31 using the FIFO perpetual inventory method. December 2: 5 units were purchased at $7 per unit.
December 9: 10 units were purchased at $9.40 per unit.
December 11: 12 units were sold at $35 per unit.
December 15: 20 units were purchased at $10.15 per unit.
December 22: 18 units were sold at $35 per unit.

• A)$51.75
• B)$83.22
• C)$41.30
• D)$94.00
• E)$50.75

Understand the concepts and implications of different types of manipulations in experimental research.

Identify the types and roles of manipulations used in psychological research studies.

Recognize and describe the variety of measures used in research, including behavioral, self-report, and physiological measures.

Appreciate the factors affecting the effectiveness of manipulations, such as cost, ethical considerations, and potential for creating unrealistic situations.