9. Co. Y has the following beginning inventory, purchases and ending inventory: Beginning inventory 300 units at $5 each, Purchase 6/1 300 units at $10 each, Purchase 9/1 300 units @ 15 each, and ending inventory 400 units. What is the average cost per unit of the total units available for sale during the year?

		A. $25
		B. $20
		C. $15
		D. $10
		E. None of the above

10. Using the Specific Identification cost method, if the total cost of the goods available for sale is 25,000 and the cost of the ending inventory is 18,000, how much is the cost of goods sold?

		A. 43,000
		B. 20,000
		C. 15,000
		D. 7,000
		E. None of the above

11. Co. Z. has the following units of beginning inventory, purchases and total sales for the year: Beginning inventory 300 units at $10 each, Purchase 6/1 300 units at $15 each, Purchase 9/1 300 units @ 20 each, and total sales for the year of 600 units. How many units are in ending inventory?

		A. 900
		B. 500
		C. 400
		D. 300
		E. None of the above

12. Co. B. Using the specific identification method, the following units make up the total of 400 units in ending inventory: 1/1 Beginning inventory of 200 units at $10 each, a purchase 2/28 of 200 units at $20 each and a purchase 6/15 of 100 units at$30 each. What is the total cost of the ending inventory?

		A. 9,000
		B. 8,000
		C. 6,000
		D. 4,000
		E. None of the above

13. Co. A has the following units of purchases, total sales for the year and ending inventory: Purchase 6/1 500 units at $15 each, Purchase 9/1 400 units @ 20 each, and total sales for the year 400 units and ending inventory 600. How many units are in beginning inventory?

		A. 500
		B. 400
		C. 300
		D. 200
		E. None of the above