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Accounting (ans fast plz) (6) The specific identification method of costing inventories may he used when A The company sells large quantities of items with

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(6) The specific identification method of costing inventories may he used when A The company sells large quantities of items with low cost per unit company sells large quantities of items with high cost per unit C. The company sells small quantities of items with low cost per unit. D. The company sells small quantities of items with high cost per uni (7) Manama Corporation uses a weighted-average perpetual inventory system. The following information for the month of December is available: December 3 10 units were parchased at $8 per unit. December 7 20 units were purchased at $11 per unit December9 15units were sold What was the amount of the cost of goods sold A. $120. B. S165 C. S300. D. $150. (8) Bahrain company ases special journals for recording its transactions. The company purchased inventory for $500,000 on credit. This transaction would be recorded in the: A. Cash disbursements journal B. Cash receipts journal. C. Purchases journal. D. General journal

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