The following lots of a particular commodity were available for sale during the year Beginning inventory First purchase Second purchase Third purchase 9 units at $49.00 15 units at $54.00 27 units at $23.00 14 units at $57.00 The firm uses the periodic system, and there are 27 units of the commodity on hand at the end of the year. What is the amount of inventory at the end of the year according to the average cost method? Do not round intermediate calculations. Round your final answer to the nearest whole dollar. Select the correct answer. Os1,323 Os1,109 O$1,413 O$1,097 Meredith Company gathered the following reconciling information in preparing its May bank reconciliation: Cash balance per books, 5/31 Deposits in transit $4,150 174 Notes receivable and interest collected by bank Bank charge for check printing Outstanding checks NSF check 813 35 1,457 156 Find the adjusted cash balance per books on May 31. Select the correct answer. O$3,524 O$2,867 O$987 O$4,772 Previo Harris Company had checks outstanding totaling $4,052 on its May bank reconciliation. In June, Harris Company issued checks totaling $41,523. The June bank statement shows that $25,527 in checks cleared the bank in June. A check from one of Harris Company's customers of $451 was also returned marked "NSF." Determine the amount of outstanding checks on Harris Company's June bank reconiliation. Select the correct answer. O$19,597 O$20,048 Os21,475 O$67,050 Next Previous The following lots of Commodity D were available for sale during the year. Use this information to answer the question. Beginning inventory First purchase Second purchase Third purchase 10 units at $60 25 units at $65 30 units at $68 15 units at $75 The firm uses the periodic system, and there are 25 units of the commodity on hand at the end of the year. What is the amount of the inventory at the end of the year rounded to nearest dollar using the average cost method? Os3,705 O$1,805 O$1,685 Os1,575 Using a perpetual system, what is the cost of the goods sold for November if the company uses LIFO? 23 units at $21.00 Nov. 01 Inventory 9 units Nov. 04 Sold 27 units at $20.00 Nov. 10 Purchased Nov. 17 Sold 20 units 25 units at $21.00 Nov. 30 Purchased Using the perpetual LIFO system, what is the cost of the merchandise sold for November? Select the correct answer. O$945.00 $603.00 O$883.00 O$589.00