Need 6 questions answered , for accounting quiz , most questions are inventory related.

The Following amounts and cost of platters were available for sale by Nickie Ceramics during 2013 Beginning Inventory First Purchase Second Purchase Third Purchase 10 units at $82 15 units at $110 30 Units $140 25 units at $130 Nickies Ceramics has 60 Platters on hand at the end of the year. What is the dollar amount of inventory according to the average cost met? A. B. C. D. $7440 $3100 $5750 $4880 2. The following hammers were available for sale during the year for Kristen Tools: Beginning inventory First Purchase Second Purchase Third Purchase 10 Units at $80 15 Units at $110 30 Units at$140 25 Units at $130 Kristen has 30 hammers at the end of the year, What is the dollar amount of inventory at the end of the year according to the first -in first -out method? A. B. C. D. $2550 $2975 $3950 $3900 3.The average cost inventory method is used by Andrew Inc. Sales aare $80,000, the number of units available for sale is 100, the number of units sold during the period is 75, and the average cost of the goods available for sale is $400 each. How much is gross profit for the company? A. B. C. D. $20,00 $30,00 $50,000 $25,00 4. If inventory at the end of the year understated by $30,000, what will this error cause? A. B. C. D. An understatement of cost of goods sold for the year by$30,000 An overstatement of gross profit for the year by $30,000 An overstatement of inventory for the by $30,000 An overstatement of net income for the year by $30,000 5, At what amount will accounts receivable be reported on the balance sheet if the gross receivable balance is $47,000 and the allowance for the account is estimated at 8% of gross receivables A. B. C. D. $49,880 $43,240 $45,120 $28,200 6. Inventory Costing $100,000 is sold on credit for $150,000. The customer pays $32,000 for the first year , and $48,000 the second year, and $70,000the third year, What is the gross profit in year 2? A. B. C. D. $20,000 $60,000 $16,000 $18,000