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Co. T has the following beginning inventory purchases and ending inventory: Beginning inventory 100 units at $10 each, Purchase 6/1 500 units at $15 each,

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Co. T has the following beginning inventory purchases and ending inventory: Beginning inventory 100 units at $10 each, Purchase 6/1 500 units at $15 each, Purchase 9/1 400 units @ 20 each, and ending inventory 400 units. If the average cost per unit is $16.50, using the average cost method, what is the cost of the ending inventory? O A 10000 OB. 6600 O C.4950 OD. 3300 O E. None of the above 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 100 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? O A 9,000 OB. 8,000 OC. 6,000 OD. 4,000 O E. None of the above Using the average cost method, if the total cost of the goods available for sale is 25,000 and the cost of the ending inventory is 10,000, how much is the cost of goods sold? O A 25,000 O B. 20,000 O C. 15,000 OD. 10,000 O E. None of the above of the four inventory methods--FIFO, LIFO, Average cost and Specific Identification-which method means the "first item that is bought is the first item sold"? O A FIFO O B. LIFO OC. Average Cost O D. Specific Identification Co. D. 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? O A 9,000 OB. 8,000 OC. 6,000 OD. 4,000 O E. None of the above

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