a.. Bedrock Company reported a December 31 ending inventory balance of $412,000. The following additional information is also available:

The ending inventory balance of $412,000 included $72,000 of consigned inventory for which Bedrock was the consignor.

The ending inventory balance of $412,000 included $22,000 of office supplies that were stored in the warehouse and were to be used by the company's supervisors and managers during the coming year.

Based on this information, the correct balance for ending inventory on December 31 is:

A) $412,000

B) $340,000

C) $318,000

D) $362,000

E) $390,000

b.. A company had the following purchases during its first year of operations:

	Purchases
January:	10 units at $120
February:	20 units at $130
May:	15 units at $140
September:	12 units at $150
November:	10 units at $160

On December 31, there were 26 units remaining in ending inventory. These 26 units consisted of 2 from January, 4 from February, 6 from May, 4 from September, and 10 from November. Using the specific identification method, what is the cost of the ending inventory?

A) $3,500.

B) $3,800.

C) $3,960.

D) $3,280.

E) $3,640.

c. A company had the following purchases and sales during its first year of operations:

	Purchases	Sales
January:	10 units at $120	6 units
February:	20 units at $125	5 units
May:	15 units at $130	9 units
September:	12 units at $135	8 units
November:	10 units at $140	13 units

On December 31, there were 26 units remaining in ending inventory. Using the Periodic FIFO inventory valuation method, what is the value of cost of goods sold? (Assume all sales were made on the last day of the month.)

A) $8,670.

B) $3,540.

C) $5,400.

D) $5,130.