Help Save & ER TB MC Qu. 6-97 Inventory records for Marvin Company... 23 Inventory records for Marvin Company revealed the following: 1:07:41 Date Transaction Mar. 1 Beginning inventory Mar. 10 Purchase Mar. 16 Purchase Mar.23 Purchase Number of Units 1,070 530 90e 550 Unit Cost $7.18 7.29 7.43 7.60 oped Marvin sold 2,000 units of inventory during the month Cost of goods sold assuming weighted-average cost would be: (Do not round you intermediate calculations and round your final answer to nearest dollar amount. Round weighted-average unit cost to 4 decimals if necessary.) Multiple Choice $14,360 $14,580 TB EX Qu. 6-204 During 2021, a company sells... 7 During 2021, a company sells 24 units of inventory. The company has the following inventory purchase transactions for 2021 Date Transaction Jan. 1 Beginning inventory Sep. 8 Purchase Number of Units 15 12 27 Unit Cost $57 59 Total Cost $ 855 708 $1,563 25 Calculate ending inventory and cost of goods sold for 2021 assuming the company uses LIFO. Ending inventory Cost of goods sold BBB Next Drev 24 of 27 Help Save & Exit TB MC Qu. 5-159 On February 1, 2021, Sanger Corp... On February 1, 2021. Sanger Corp. lends cash and accepts a $6.500 note receivable that offers 12% Interest and is due in six months. What would Sanger record on August 1, 2021, when the borrower pays Sanger the correct amount owed? (Do not round intermediate calculations.) 7 A. Cash Interest Revenue Notes Receivable B. Cash Accounts Receivable C. Cash Interest Revenue Notes Receivable p. Cash Notes Receivable 6,899 260 6,630 6,500 6,500 6,890 390 6,5ee 6,898 16,89e Multiple Choice Option A o i Help Save En TB MC Qu. 5-158 On February 1, 2021, Miter Corp... On February 1, 2021. Miter Corp. lends cash and accepts a $3.300 note receivable that offers 12% interest and is due in six months. How much interest revenue will Miter Corp. report during 2021? (Do not round intermediate calculations.) 54 Multiple Choice $213 $396 $2.376 $198 Next > 26 of 27 !!