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Consider the following information pertaining to OldWest's inventory: Product Revolvers Spurs Hats Quantity Cost 17 $122 24 29 12 58 Net Realizable Value $ 157

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Consider the following information pertaining to OldWest's inventory: Product Revolvers Spurs Hats Quantity Cost 17 $122 24 29 12 58 Net Realizable Value $ 157 24 48 At what amount should OldWest report its inventory? Multiple Choice O $3,226 $3,466 $3,821 Prey Inventory records for Marvin Company revealed the following: Date Transaction Mar. 1 Beginning inventory Mar.10 Purchase Mar.16 Purchase Mar. 23 Purchase Number of Units 1,070 540 840 590 Unit Cost $7.16 7.32 7.42 7.60 Marvin sold 2,200 units of inventory during the month. Cost of goods sold assuming weighted average cost would be: (Do not round your intermediate colculations and round your final answer to nearest dollar amount. Round weighted average unit cost to 4 decimals if necessary) Mustriple Choice $16.225 516300 On May 31 Money Corporation's Cash account showed a balance of $15.500 before the bank reconciliation was prepared. After examining the Maybank statement and items included with it, the company's accountant found the following items Checks outstanding Deposits outstanding NSF check Service fees $1,550 2,100 280 135 Error Money Corp. wrote a check for $55 but recorded it incorrectly for $550 What is the amount of cach that should be reported in the company's balance sheet as of May 31 Multiple Choc 3155

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