The document provides information about selecting suppliers for four items (A, B, C, D) based on either the lowest cost per item or the lowest total price. It includes a table with cost information for each item from three suppliers. It also includes instructions to complete a perpetual inventory form by filling in a balance column and calculating the physical inventory value for items at a restaurant.

1. Preparing for Production 207 which supplier (1,2, or 3) would y on the basis of the lowest cost
per item, from provided in the table in Problem 2a.) Item A Item B Item C Item D c. If you
wanted to purchase all items from the supplier quoting the lowest total price, from which
supplier (1,2, or 3 ) would you purchase the four items? (Use the information provided in the
table in Problem 2a.) Problem 3 Complete the Balance column on the following Perpetual
Inventory Form: Problem 4 Calculate the physical inventory value for the following items in
inventory at the Anytown Restaurant
Problem 2 a. Complete the following abbreviated quotation/call sheet by calculating the total
costs for each item and supplier.