witry Inc. na wicker that uses a perpetual eventory system. The company's accounting records provided the lowing arachem to produz o curvy that these por endent on me 2020 Date Transactions Units Unit Cost Sale Price March 3 Purchase 19,000 $9 June 15 Sale 10,000 $27 September 19 Purchase 8,000 11 November 20 Sale 16,000 30 information The beginning story consisted of 7.000 untsats to cost of 556.000 . Al sali we made on account with credit torms 2/10,130 Customers who purchased 10.000 units on November 20 paid the amount due within the discount period All other customers poderechend At the start of each question bolow, we indicate whether the First-in, First out (FFO) method or the Weighted Average cost (WAC) method is the question only that the cost of sales is $240,000. In that case, the inventory turnover ratio for 2020 would equat OA 333 OB 2.45 OC 353 OD 4363 OE None of the other ratios (WAC) The average cost per unit of the 10,000 units sold on June 15 is: O A $10 OB $933 OC $8.50 OD. $8.73 ir Whitby used a periodic inventory system instead of a perpetual system, which of the following statement would be correct? O AI the FIFO method is used the cost of sales under the periodic system would be different from the cost of sales under the perpet OB If the WAC method is used, the cost of ending inventory at December 31, 2020 under the periodic system would be smaller than the cost of ending the perpetual system -C There is a need for a physical inventory count if the periodic system is used, but that is not necessary if the perpetual system is used OD Both inventory control systems are equally efficient in kooping track of inventory quantities and costs throughout the accounting period