This Question: 4 pts Submit lest 17 of 25 (14 complete) This Test: 100 pts possible Ralwins, Inc. had the following balances and transactions during 2024, from January 1.to December 31: Beginning Merchandise Inventory March 10 300 units at $84 Sold 180 units June 10 Purchased 900 units at $87 October 30 Sold 480 units What would be reported for ending Merchandise Inventory on the balance sheet at December 31, 2024 if the perpetual inventory system and the weighted - average inventory costing method are used? (Round unit costs to two decimal places and total costs to nearest dollar.) OA. $46,791 Q B. $10,080 O C. $35.280 O D. $25,200 Click to select your answer Exit Honor Dejar de compartir Oguitar app.honorlock.com esta compartiendo tu pantalla 9:03 AM A 207 5 ()) ESP 10/5/2020est: Ch 6 Test - Graded is Question: 4 pts Time Remaining: 00:32:43 Submit Test 13 of 25 (14 complete) This Test: 100 pts possible A company that uses the perpetual inventory system sold goods to a customer on account for $2,500. The cost of the goods sold was $1,250. Which of the following journal entries correctly records this transaction? O A. Cost of Goods Sold 2,500 Sales Revenue 2,500 O B. Merchandise Inventory 2,500 Cost of Goods Sold 2,500 O C. Accounts Receivable 2,500 Cash 2,500 Cost of Goods Sold 1.250 Merchandise Inventory 1,250 O D. Accounts Receivable 2.500 Sales Revenue 2,500 Cost of Goods Sold 1.250 Merchandise Inventory 1,250 Click to select your answer Dejar de compartir Ocultar 9:03 AMTime Remaining: 00:32:49 Submit Tes This Question: 4 pts 12 of 25 (14 complete) This Test: 100 pts possib Rally Wheels, Inc. had the following balances and transactions during 2024: Beginning Merchandise Inventory as of January 1, 2024 320 units at $75 March 10 Sold 80 units June 10 Purchased 1,280 units at $80 October 30 Sold 100 units What would the company's ending merchandise inventory cost be on December 31, 2024 if the perpetual inventory system and the last - in, first - out inventory costing method are used? A. $112,400 B. $126,400 O C. $14,000 O D. $102,400 Click to select your answer Exit Hono app.honorlock.com esta compartiendo tu pantalla Dejar de compartir 9:03 AM01 29 (14 complete) A company that uses the periodic inventory provides the following information: 1. Beginning Inventory $11,000 2. Net Purchases $94,000 At the end of the period, the physical count of inventory reveals that $13,000 of inventory is on hand. What is the amount of cost of goods sold? O A. $81,000 O B. $94,000 O C. $92,000 O D. $118,000 Click to select your answeris Question: 4 pts 9 of 25 (11 complete) This Test: 100 pts possible ameson, Inc. had the following balances and transactions during 2025: March 10 Beginning Merchandise Inventory as of January 1, 2025 280 units at $72 June 10 Sold 70 units October 30 Purchased 175 units at $80 Sold 175 units What would be reported for Cost of Goods Sold on the income statement for the year ending December 31, 2025 if the perpetual inventory system and the last - in, first - out iventory costing method are used? DA. $14,000 DB. $5,040 DC. $17,640 DD. $19.040 lick to select our answer Exit Honor Dejar de compartir Ocultar app.honorlock. com esta compartiendo tu pantalla. (D) ESP 8:53 AM 10/5/2020
