Fairy Gardens Ltd Uses a Periodic Inventory System with the Weighted

question 19

Multiple Choice

Fairy Gardens Ltd uses a periodic inventory system with the weighted average method of cost assignment. The following data are available.
$$\begin{array} { l l r c l } & \text { Date } & \underline { \text { Units } } & \underline { \text { Unit } } \underline { \text { Cost } } & \frac { \text { Total } } { \text { Cost } } \\\\\text { Beginning inventory } & \text { Jan 1 } & 500 & \$ 10 & \$ 5000 \\\text { Purchase } & \text { Mar } 15 & 1500 & \$ 12 & \$ 18000 \\\text { Purchase } & \text { June 8 } & 2000 & \$ 13 & \$ 26000 \\\text { Ending inventory } & \text { Dec } 31 & 1000 & &\end{array}$$
The cost of the ending inventory to the nearest dollar is:

• A) $ 5 000.
• B) $12 250.
• C) $13 000.
• D) $49 000.

Recognize the significance of introspection and its role in the development of psychology.

Differentiate between structuralism, functionalism, behaviorism, and humanistic psychology as historical approaches.

Appreciate the contribution of women to psychology and understand the shift in gender dynamics within the field.

Grasp the basic concepts of cognitive psychology and cognitive neuroscience.

---

Definitions:

Relaxation Techniques

Methods or activities designed to reduce stress and anxiety, promoting a sense of calm.

Blended Family

A family unit composed of a couple and their children from this and all previous relationships.

Custody

The protective care or guardianship over someone or something, often used in legal contexts to describe responsibility for children.

Role Strain

The stress or strain experienced by an individual when they cannot fulfill the demands or expectations of a particular social role.