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QUESTION 18 4 points Save Answer Assuming that BMCC has 18...

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Accounting

QUESTION 18
4 points
Save Answer
Assuming that BMCC has 18 units of inventory as of Jan 1,2025 at a cost of $9.00 per unit. Then, On January 3rd purchased 15 more units at a cost of $10 per unit and oir January 5 th purchased 10 units at $11 per unit. On January 23 rd,2025, they sold 30 units at a selling price of $30 per unit. Calculate Cost of Goods Sold (COGS), under FIFO.
a. cOGS$305
b. cogs$282
c. cogs$294.42
d. cogS$900
e. None of the above
q,
QUESTION 19
4 points
Save Answer
Separation of duties is mainly created in order to reduce unemployment rates.
a. True
b. False
q,
QUESTION 20
4 points
Save Answer
Under FOB Destination, the buyer pays for the freight.
a. True
b. False
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