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Dobler Company Uses a Periodic Inventory System An End of the Month (1/31/2017) Inventory Showed That 240

Question 126

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Dobler Company uses a periodic inventory system. Details for the inventory account for the month of January 2017 are as follows:  Units  Per unit price  Total  Balance, 1/1/2017300$5.00$1.500 Purchase, 1/15/20171505.30795 Purchase, 1/28/20171505.50825\begin{array}{llrr}&\text { Units }&\text { Per unit price }&\text { Total }\\\text { Balance, } 1 / 1 / 2017 & 300 & \$ 5.00 & \$ 1.500 \\\text { Purchase, } 1 / 15 / 2017 & 150 & 5.30 & 795 \\\text { Purchase, } 1 / 28 / 2017 & 150 & 5.50 & 825\end{array} An end of the month (1/31/2017) inventory showed that 240 units were on hand. How many units did the company sell during January 2017?


A) 90
B) 240
C) 300
D) 360

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