The Beaches Company Uses Metal Grates When Assembling Appliances

question 32

Multiple Choice

The Beaches Company uses metal grates when assembling appliances.Information as to balances on hand,purchases,and requisitions of the grates is given in the following table. If a perpetual inventory record of the metal grates is maintained on a FIFO basis,the September 6 issue will consist of:

• A)15 units @ $2.80,120 units @ $3.10 and 30 units @ $3.34.
• B)75 units @ $2.80 and 90 units @ $3.10.
• C)165 units @ $3.10.
• D)75 units @ $3.10 and 90 units @ $3.34.

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Definitions:

Fatty Acids

Organic compounds made of long hydrocarbon chains ending in a carboxylic acid group, essential in diet and biology for energy storage and cell membrane structure.

Peptide

Short chain of amino acids linked by peptide bonds.

Protein

Large biomolecules composed of one or more long chains of amino acid residues, crucial for the structure, function, and regulation of the body's cells, tissues, and organs.