A Company Had the Following Purchases During the Current Year

question 156

Multiple Choice

A company had the following purchases during the current year: On December 31, there were 26 units remaining in ending inventory. These 26 units consisted of 2 from January, 4 from February, 6 from May, 4 from September and 10 from November. Using the specific identification method, what is the cost of the ending inventory?

• A)$3,500
• B)$3,800
• C)$3,960
• D)$3,280
• E)$3,640

---

Definitions:

Brutal Violence

Acts of extreme physical force with the intention to harm, intimidate, or coerce, often resulting in severe injury or death.

Date Rape

Forced and unwanted intercourse in the context of dating.

Interpersonal Violence

Physical or psychological harm inflicted by one person upon another in a personal relationship.

Sexual Expectations

The anticipations or beliefs regarding one’s own or a partner's sexual behaviors and roles.