Use information in Question 14)What was the additional inventory value for April? (Format answer with whole number, no decimal)

(Use information in Question 14)What was the additional inventory value for April?

A company's inventory records report the following: Date Activities Units Acquired at Cost Units Sold at RetailAugust 1 Beginning inventory 15 units @ $38 = $570  August 5 Purchase 10 units @ $39 = $390  August 12 Purchase 20 units @ $40 = $800  August 15 Sales   30 units soldUsing the FIFO perpetual inventory method, what is the value of the inventory at August 15 after the sale?Multiple Choice$400$290$600$1,160$1,760

Time left 0:50:09Question 5Not yet answeredMarked out of 1.00Flag questionTipsQuestion textAn entity just starting business made the following four inventory purchases in June:            June     1          150 units                     $1,500            June     10        130 units                       1,170            June     15        90 units                         1,260            June     23        110 units                          990                                                                        $4,920A physical count of inventory on June 30 reveals that there are 20 units on hand. Using the weighted average cost method the amount allocated to the ending inventory on June 30 is:Question 5Answera.$205b.$180c.$220d.$200

The company finds, to its error, that the cost of placing an order was Sh. 5,000 and carrying cost was 15% per year and not the earlier data. How much was the company losing per year on inventory because of imperfect information? (6 marks)

Inventories        - $150,000Receivables       - $300,000Cash                  - $25,000Payables            - $230,000Overdraft           - $90,000Revenue            - $2,700,000Cost of sales      - $1,300,000Gross profit        - $1,400,000 What is the inventory holding period?Group of answer choices65 days78 days41 days42 days