+ 201 2020-600 X our company cames inventory W/1uAOphoXkhQ6ecmJIXAMV63ANabFMcf@yqipOlgzCcY/edit Cengage flaunch pad univ 200 HOME - myVCCs Home - myBROC 85 payments Tools Add-ons Help Last edit was made 2 minutes ago by anonymous el text - Times New - 12 BIUA EL I E 1. Your Company carries inventory at the lower of cost or market on an aggregate basis. Use the information below to determine the total reduction in Inventory needed to record the required adjustment. Item Units Inventory cost market value A 100 S3028 150 160 170 200 $75 $70 600 $87 583 A. $3,600 debit B. $3,600 credit C. $1,200 debit D. $1,200 credit Use the following information for the next three questions. A company had inventory transactions during the month: Selling $ Units Units per unit Activity Purchased June 1 Purchased June 5 Purchased June 12 Purchase Sper unit $12 $13 $14 Total cost $180 $130 $280 $590 Total Sold on June 15 $25 2. Using the weighted average inventory method, determine the cost of goods sold. AS380 B. 5410 C. S393 D. $400 DELL