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Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning inventory Apr. 20 Purchase Number of Units 530 Unit Cost $2.42 2.78

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Inventory records for Dunbar Incorporated revealed the following: Date Transaction Apr. 1 Beginning inventory Apr. 20 Purchase Number of Units 530 Unit Cost $2.42 2.78 Dunbar sold 570 units of inventory during the month Ending Inventory assuming weighted average cost would be (Round weighted average unit cost to 4 decimal places and final answer to the nearest dollar amount.) Anthony Corporation reported the following amounts for the year. Net sales Cost of goods sold Average inventory $296,000 138,000 50,000 Anthony's gross profit ratio is: Multiple Choice 53.49 51.9% 50.3 Anthony Corporation reported the following amounts for the year. Net sales Cost of goods sold Average inventory $296 , 138,000 50,000 Anthony's average days in inventory is: (Round to the nearest whole day.) Multiple Choice O 170 days 114 days 132 days Inventory records for Marvin Company revealed the following: Number of Units 988 Date Transaction Mar. 1 Beginning inventory Mar. 10 Purchase Mar. 16 Purchase Mar.23 Purchase Unit Cost $7.18 7.62 8.11 8.51 540 780 52e Marvin sold 1,910 units of inventory during the month. Cost of goods sold assuming FIFO would be (Do not round your intermediate calculations. answer to the nearest dollar amount.) Multiple Choice $12.64 $16,254

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