The following is from bookkeeping account aipb mastering inventory please answer the following

Mastering Inventory 18 paideco 12. NuCo uses the periodic method and has the following account balances: 10. YiCo buys 800 cases of tennis balls listed at $130 per case and for which Purchase Returns, $17,000; Beginning Inventory, $4,000; Purchases, YiCo is given a 15% volume discount. YiCo sells 70% of the cases for cash. ji doidw 10 $193,000; Freight-In, $11,000; and Accounts Payable, $23,000. What are The cost of the unsold merchandise is ... 10 8 O medoto NuCo's net purchases? a. $15,600 b. $31,200 c. $26,520 d. $77 ,350 a. $187,000 b. $191,000 c. $183,000 d. $210,000 11. JaCo uses the periodic method and records merchandise purchases at net. 13. WeCo has the following account balances: Purchase Returns, $19,000; Its 19X4 ending inventory is $69,000. During 19X5, JaCo purchases merchandise for $878,000, with freight costs of $11,000. Purchase returns Purchases, $812,000; Purchase Discounts, $8,000; Beginning Inventory, are $17,000, purchase discounts lost are $4,000, and the cost of $21,000; Freight-In, $30,000; and Ending Inventory, $37,000. WeCo's cost merchandise on hand at year end is $91,000. At year end, JaCo records of goods sold is . . . the following entry: O.ia. $769,000 b. $783,000 c. $815,000 d. $799,000 a. Ending Inventory deRO 91,000 Purchase Returns grodngund 17,000 14. JiCo uses the periodic method. Its beginning inventory is $43,000, purchases Cost of Goods Sold 850,000 are $321,000, F.O.B. destination, purchase returns are $17,000, and freight Purchases 878,000 is $9,000. The balance in JiCo's ledger Purchases account is ... Freight-In 11,000 Beginning Inventory 69,000 ban boffam lender a. $330,000 b. $317,000 c. $321,000 d. $304,000 b. Ending Inventory 91,000 15. VaCo, which uses the periodic method, is preparing its year-end journal Purchase Returns 17,000 Cost of Goods Sold entry to record cost of goods sold. It debits all of the following accounts 846,000 Purchase Discounts Lost 4,000 except . .. Purchases Freight-In 878,000 a. Cost of Goods Sold Beginning Inventory 11,000 b . Beginning Inventory 69,000 c. Purchase Discounts c. Ending Inventory Purchase Returns 91,000 d. None of the above Cost of Goods Sold 17,000 16. SeCo begins operations in 19X6 and uses the periodic method and Purchases 854,000 weighted average costing. SeCo has the following merchandise purchases Freight-In 878,000 during 19X6: 700 units in March @ $4; 1,100 units in July @ $6; and 2,200 Beginning Inventory 11,000 units in October @ $7. A physical count of ending inventory finds 1,000 Purchase Discounts Lost 69,000 units. Calculate the cost of goods sold. d. Beginning Inventory 4,000 c. $18,600 d. $24,000 Purchase Returns 69,000 OUT Cernd ta. $6,200 b. $7,000 Cost of Goods Sold Purchases 090.608 17,000 17. FoCo uses the periodic method and weighted average costing. The cost of 894,000 the 2,500 units in FoCo's 19X3 beginning inventory is $32,500. FoCo has Freight-In 878,000 the following merchandise purchases during 19X4: 1,700 units in May @ Ending Inventory 11,000 $14; 3,500 units in June @ $19; and 2,300 in October @ $21. Calculate the 91,000 cost of the 1,200 units in ending inventory. a. $20,532 b. $16,632 c. $22,176 d. $25,200