Responsiveness, assurance, and intangibles are three of the dimensions of service quality

A company has inventory of 10 units at a cost of $10 each on June 1. On June 3, it purchased 20 units at $12 each. 12 units are sold on June 5. Using the FIFO perpetual inventory method, what is the cost of the 12 units that were sold?

a. $120. b. $124. c. $128. d. $130. e. $140.

Rodriguez, Inc

had the following balances and transactions during 2017, from January 1 to December 31: Beginning Merchandise Inventory 300 units at $80 March 10 Sold 150 units June 10 Purchased 600 units at $82 October 30 Sold 450 units What would be reported for Ending Merchandise Inventory on the balance sheet at December 31, 2017 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.) A) $24,480 B) $12,000 C) $24,000 D) $36,000