A Company Had the Following Purchases During the Current Year

question 189

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:

Mechanical Means

Methods or techniques that involve machinery or tools to achieve a result.

Stylistic Device

Techniques used by writers and speakers to give an expressive, effective, and creative form to their works or speech.

De-emphasize

De-emphasize means to reduce the significance, attention, or stress given to a particular element or aspect within communication or presentation.

Active Voice

A grammatical structure where the subject of the sentence performs the action expressed by the verb.