Celine has been selling smoked meat sandwiches in Montreal using the perpetual system. In the current year, she purchased 180 units @ $300/unit on January 1st, 250 units @ $275/unit on January 15th, and 375 units @ $400/unit on January 30th. Suppose she made one sales to her rapper son on January 19th and sold 270 units. The cost of goods sold under average cost method is closest to:

	$77,100
	$78,800
	$91,500

Company Z reports that assets and liabilities are denominated in foreign currencies are translated into U.S. dollars (the reporting currency) at the exchange rate prevailing at the balance sheet date. Revenue and expenses denominated in foreign currencies are translated into U.S. dollars at the monthly average exchange rate for the period. Which of the translation method is the most likely adopted by Company Z?

	None of the above
	Current rate method
	Temporal method