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question acct 1101 quiz 6 using the following data for questions 8 9 and 10 bbb corp 4281592

Question

ACCT 1101 Quiz 6 Using the following data for questions 8.9 and 10.BBB Corporation's accounting records show the following: Quantity Unit cost Sale Price Per Unit Explanation $20 10 Units Jan. 1, 2010 Balance $40 Jan. 10, 2010 Purchase 20 Units $60 Jan. 20.2010 Purchase 30 Units $100 Unit Jan 30, 2010 Sale 40 Units 8. Refer to the data above. What is the sales revenue in Jan, 2010? A. S40. B. $1,600. C. $2,400. D. $4,000. 9. Refer to the data above. What is the value of the cost of goods sold under LIFO method? A. S800. B. $1,800. C. S2,200. D, S2,400. 10. Refer to the data above. What is the value of the cost of ending inventory under method? A. S400. LIFO S600. C. $800. D. S1,200.

 

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