Hello, I was wondering If I could be helped with 6 questions. Thank you :)

1) On December 31 of the current year, Plunkett Company reported an ending inventory balance of $213,000. The following additional information is also available:

	Plunkett sold and shipped goods costing $37,600 to Savannah Enterprises on December 28 with shipping terms of FOB shipping point. The goods were not included in the ending inventory amount of $213,000.
	Plunkett purchased goods costing $43,600 on December 29. The goods were shipped FOB destination and were received by Plunkett on January 2 of the following year. The shipment was a rush order that was supposed to arrive by December 31. These goods were included in the ending inventory balance of $213,000.
	Plunkett's ending inventory balance of $213,000 included $14,600 of goods being held on consignment from Carole Company. (Plunkett Company is the consignee.)
	Plunkett's ending inventory balance of $213,000 did not include goods costing $94,600 that were shipped to Plunkett on December 27 with shipping terms of FOB destination and were still in transit at year-end.

Based on the above information, the amount that Plunkett should report in ending inventory on December 31 is:

$207,000

$154,800

$192,400

$169,400

$198,400

2) A companys normal selling price for its product is $29 per unit. However, due to market competition, the selling price has fallen to $24 per unit. This company's current inventory consists of 110 units purchased at $25 per unit. Replacement cost has fallen to $22 per unit. Calculate the value of this company's inventory at the lower of cost or market.

$2,520.

$2,750.

$2,420.

$2,640.

$2,370.

3)Bedrock Company reported a December 31 ending inventory balance of $413,000. The following additional information is also available:

	The ending inventory balance of $413,000 included $73,400 of consigned inventory for which Bedrock was the consignor.
	The ending inventory balance of $413,000 included $24,800 of office supplies that were stored in the warehouse and were to be used by the company's supervisors and managers during the coming year.

Based on this information, the correct balance for ending inventory on December 31 is:

$339,200

$303,000

$388,200

$358,800

$241,000

4)Lucia Company reported cost of goods sold for Year 1 and Year 2 as follows:

	Year 1	Year 2
Beginning inventory	$ 124,500	$ 130,900
Cost of goods purchased	250,900	279,500
Cost of goods available for sale	375,400	410,400
Ending inventory	130,900	135,900
Cost of goods sold	$ 244,500	$ 274,500

Lucia Company made two errors: 1) ending inventory at the end of Year 1 was understated by $15,900 and 2) ending inventory at the end of Year 2 was overstated by $6,900. Given this information, the correct cost of goods sold figure for Year 2 would be:

$253,500

$290,400

$281,400

$297,300

$267,600

5) Sandoval needs to determine its year-end inventory. The warehouse contains 34,000 units, of which 4,400 were damaged by flood and are not sellable. Another 3,400 units were purchased from Markor Company, FOB shipping point, and are currently in transit. The company also consigns goods and has 5,400 units at a consignee's location. How many units should Sandoval include in its year-end inventory?

42,800

31,600

47,200

38,400

35,000

6) Clayborn Company deposits all cash receipts on the day they are received and makes all cash payments by check. At the close of business on May 31, its Cash account shows a debit balance of $21,525. Clayborn's May bank statement shows $19,400 on deposit in the bank. Determine the adjusted cash balance using the following information:

Deposit in transit	$6,550
Outstanding checks	$5,500
Bank service fees, not yet recorded by company	$70
A NSF check from a customer, not yet recorded by the company	$1,005

The adjusted cash balance should be:

$20,450

$13,900

$25,950

$20,475

$21,455