Find the inventory values using (a) the weighted-average method, (b) the FIFO method, and (c) the LIFO method. Round final answers to the nearest dollar.PurchasesNow in InventoryBeginning inventory: 35 units at $6.08June: 45 units at $6.80August: 30 units at $7.2840 units
A. (a) $737 (b) $286 (c) $291
B. (a) $268 (b) $286 (c) $247
C. (a) $737 (b) $243 (c) $291
D. (a) $268 (b) $247 (c) $286
Answer: B
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Provide an appropriate response.A company may change from LIFO to FIFO without notifying the Internal Revenue Service.
A. True B. False
The following double-bar graph illustrates the revenue for a company for the four quarters of the year for two different years. Use the graph to answer the question. 
In what quarter was the revenue the least for 2010?
A. fourth quarter B. first quarter C. third quarter D. second quarter
Find the perimeter (or circumference) and area of the figure.
A. perimeter = 48 cm area = 164 sq cm B. perimeter = 48 cm area = 308 sq cm C. perimeter = 78 cm area = 164 sq cm D. perimeter = 78 cm area = 308 sq cm
Simplify.
A. 5
B. 3
C. 3
D. 5