A company has the following purchases and sales during March. Using the FIFO perpetual inventory method what was the cost of the 22 units sold? Date Activities Units Acquired at Cost Units sold at Retail March 1 Beginning inventory 10 units $32 - $320 March 2 Purchase 10 units $34 - $340 Purchase 6 units $37 - $222 March 8 Sales 22 units e $66 March 6 Multiple Choice $734 o $766 $702 $882 Raleigh Co. has the following products in its ending inventory, Compute the lower of cost or market total for inventory applied separately to each product Product Quantity Cost per unit Market per unit Jelly $ 2.00 2.15 Jam 370 2.50 Marmalade 260 150 $ 2.65 $ 3.10 3.05 Multiple Choice $2.040,50 52.086.50 $2.018 00 52.109.00 Help Save & A company has the following products in its ending inventory. Compute lower of cost or market for inventory applied separately to each product Product Product A Product B Product c Quantity 10 15 20 Cost per Unit $ 732 $ 532 $ 682 Market per Unit $ 702 $ 572 $ 707 Multiple Choice $28.940 $28.640 $1.946 $29,740 c $1.081 The following information is available for Fenton Manufacturing Company at June 30: 74 Cash in bank account Inventory of postage stamps Bank account balance Petty cash balance NSF checks from customers returned by bank Accounts payable Cash in register A certificate of deposit maturing in five years. $11,455 $ $10,400 $ 350 $ 867 $ 791 $ 290 $ 6,000 Based on this information, Fenton Manufacturing Company should report Cash and Cash Equivalents on June 30 of: Multiple Choice $28,495 $29.286 $23,286