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Inventory records for Dunbar Incorporated revealed the following: 15 Date Apr. 1 Beginning inventory Apr.20 Purchase Number Unit of Units Cost 420 $2.48 390 2.63

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Inventory records for Dunbar Incorporated revealed the following: 15 Date Apr. 1 Beginning inventory Apr.20 Purchase Number Unit of Units Cost 420 $2.48 390 2.63 Transaction eBook Dunbar sold 590 units of inventory during the month. Ending inventory assuming FIFO would be: (Do not round your intermediate calculations. Round your answer to the nearest dollar amount.) Multiple Choice $579. $546 $1,105 $1,042 At December 31, Amy Jo's Appliances had account balances in Accounts Receivable of $360,000 and in Allowance for Uncollectible Accounts of $1,410 (debit) before any adjustments. An analysis of Amy Jo's December 31 accounts receivable suggests that the allowance for uncollectible accounts should be 4% of accounts receivable. Bad debt expense for the year should be: sonls bedire eBook Multiple Choice $15,810 $12,990 $1,410. $18,311 Inventory records for Marvin Company revealed the tollowing 20 Date Mar. 1 Beginning inventory Mar.10 Purchase Mar.16 Purchase Mar. 23 Purchase Number Unit of Units Cost 1,090 $7.15 550 7.32 820 7.45 550 7.65 Transaction eBook 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 calculations and round your final answer to nearest dollar amount. Round weighted-average unit cost to 4 decimals if necessary.) Multiple Choice $15,730 $16,263. $16,179 $16,104

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