QUESTION 10 Arthur's Hardware Company uses the weighted average cost method for copper plumbing connectors. The company purchased 1.600 connectors for $2 each on August 1 and 2.000 connectors for $1.50 each on September 1. Arthur's sold 1 450 connectors for 54 each on November 15. What is the company's cost of goods sold? a $2494 b. $2.175 52.000 d. 52.537 QUESTION 11 American Precision industries Inc. issued a corporate bond with a face value of $10.000 at Which of the following statements is true The stated rate of interest was higher than the market rate of interest and the bond sold for $10.200 b. The stated rate of interest was lower than the market rate of interest and the bond sold for $2.000, c. The stated rate of interest was lower than the market rate of interest and the bond sold for 2010 d. The stated rate of interest was higher than the market rate of interest and the bond sold for $10.950 QUESTION 12 Moog hc uses the inventory method. This method assumes that the newest goods purchased are the last ones to be sold not included in the cost of Goods Sold or Enginventory Othertones sold. d. the last ones induced in Endine nary