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#4,5,6 please Details for the inventory account for the 4. Effie Company uses a periodic inventory system. Details for the invento month of January, 2015

#4,5,6 please image text in transcribed
Details for the inventory account for the 4. Effie Company uses a periodic inventory system. Details for the invento month of January, 2015 are as follows: Units Per unit price Total Balance, 1/1/15 200 $5.00 $1,000 Purchase, 1/15/15 100 5.30 530 Purchase, 1/28/15 100 5.50 550 An end of the month (1/31/15) inventory showed that 160 units were on hand." uses FIFO, what is the value of the ending inventory? tory showed that 160 units were on hand. If the company a. $800 b. $832 C. $848 d. $868 5. Paden Company purchased company purchased merchandise from Emmett Company with freight terms of FOB shipping point. The freight costs will be paid by the a. seller. b. buyer. c. transportation company. d. buyer and the seller. 6. If employees are bonded a. it means that they are not allowed to handle cash. b. they have worked for the company for at least 10 years. c. they have been insured against misappropriation of assets. d. it is impossible for them to steal from the company. Pag

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