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had the following purchases during the current year andising ing co January lo units alt $120 t income February 20unsts at $130 Alay products R5

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had the following purchases during the current year andising ing co January lo units alt $120 t income February 20unsts at $130 Alay products R5 units at $140 oductsSeptember 12 units at $1 50 wholesa November. units at S160 e above On December 31, there were 26 units remaining in ending inventory. These 26 units consisted of 2 from ing eye January, 4 from February, 6 from May, 4 from September and 10 from November. Using the specife ith d oo identification method, what is the cost ohendng inventory? coA. $3,500 es invo B. $3,800 above C. $3,960 D. $3,280 E. $3,640 in alled es a poration uses a weighted-average perpetual inventory system alle August 2, 10 units were purchased at $12 per unit. eAugust 29, 12 units were sold. What was the amount of the cost of goods sold for this sale? A. $148.00 B. $150.50 C. $158.40 p D. $210.00 E $330.00 22. A company has inventory of 15 units at a cost of $12 each on August 1. On August 5, they purchased 10 units at $13 per unit. On August 12 they purchased 20 units at $14 per unit. On August 15, they sold 30 units Using the FIFO perpetual inventory method, what is the value of the inventory at August 12 after the sale? A. $140 B. $160 C. $210 D. $380 E. $590

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