Date 1/1 6/6 9/10 11/15 Transaction Beginning Inventory Purchase Purchase Purchase Number of Units 450 775 1,150 Cost per Unit $3,200 $ 3,650 $ 4,050 $4,225 825 During the year, RJ sold 3,050 units. What was cost of goods sold using the average cost flow assumption? (Do not round intermediate calculations.) Multiple Choice $11,830,068 $11.931,875 $11.778,125 O $1,870,068 Lauer Corporation has provided the following information about one of its laptop computers: Date Transaction 1/1 Beginning Inventory 5/5 Purchase 8/10 Purchase 10/15 Purchase Number of Units 200 300 400 250 Cost per Unit $ 900 $ 1,000 $ 1,100 $ 1,150 During the year, Lauer sold 1,000 laptop computers, What was ending inventory using the LIFO cost flow assumption? Multiple Choice $155,000 $172,500. $172.000. $135.000 The Rye Corporation has provided the following information: . Total sales were $1,230,000. Beginning net accounts receivable was $48,000. Ending net accounts receivable was $63,500. Sales returns and allowances totaled $106,000. What was Rye's receivables turnover ratio? Multiple Choice 10.08 19.40 20.16 22.10