Consider the Following Inventory Transactions for September: for the Month

question 50

Multiple Choice

Consider the following inventory transactions for September: For the month of September,the company sold 35 units.What is cost of goods sold under the weighted-average cost method (round the weighted-average unit cost to four decimals and final answer to the nearest whole dollar) ?
$$\begin{array} { | l | l | } \hline \text { Beginning inventory } & 15 \text { units } @ \$ 3.00 \\\hline \text { Purchase on September } 12 & 20 \text { units } @ \$ 3.50 \\\text { Purchased on September 23 } & 10 \text { units } @ \$ 4.00 \\\hline\end{array}$$

• A)$121.
• B)$116.
• C)$124.

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Definitions:

Attitude

A psychological tendency expressed by evaluating an entity with some degree of favor or disfavor.

Three-Component Model

A theory in psychology that describes three major components of attitude: cognitive, affective, and behavioral.

Attitudes

A settled way of thinking or feeling about someone or something, typically reflected in a person's behavior.

Four-Component Model

A framework in moral psychology that outlines the cognitive processes involved in ethical decision-making, including moral sensitivity, judgment, motivation, and character.