Question: Multiple Choice. Please Provide Complete Solution MJ Distributor Co's record of transactions concerning boxes of facemasks for the month of May was as follows. Purchases

Multiple Choice. Please Provide Complete Solution

MJ Distributor Co's record of transactions concerning boxes of facemasks for the month of May was as follows. Purchases Units Unit Cost Total Beginning Balance (On hand) 100 2,400 240,000 4-May 400 2,430 972,000 11-May 300 2,500 750,000 26-May 400 2,550 1,020,000 Sales 5-May 250 12-May 250 27-May 200 31-May 50 Compute the inventory at May 31 using Weighted Average Method (round off to the nearest peso) 1,131,195.00 O 1,789,200.00 1,118,250.00 1,121,727.00Question 27 2.5 pts MJE Company has the following information: (per unit) Product A Product B Product C Historical cost 190 106 53 Selling price 212 145 74 Cost to sell 19 8 22 Units remaining 100 250 30 Inventories shall be measured at lower of cost and NRV. How much should MJE company account as Product B ending inventory? O 25,600 O 26,500 O 34,250 36,250

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