A company had the following purchases and sales during its first month of operations: January 1Purchased 10 units at $4.00 per unitJanuary 9Sold 6 units at $12.00 per unitJanuary 17Purchased 8 units at $5.50 per unitJanuary 27Sold 7 units at $12.00 per unit Using the Perpetual weighted average method, what is the value of cost of goods sold? (Round weighted average costs per unit to 2 decimal places.)
A. $24.00.
B. $40.00.
C. $25.00.
D. $23.35.
E. $59.00.
Answer: E
You might also like to view...
The purposes served by application forms include all of the following EXCEPT
A. eliminating the need for interviews. B. determining if the applicant meets the minimum requirements. C. providing the basis for interview questions. D. offering sources for reference checks.
How are marketers responding to the decline of consumers' attention to mass-media advertising?
A. They are using more sales promotions. B. They are using more media monitoring services to make event sponsorship more successful. C. They are employing clipping services to determine the effectiveness of their press releases. D. They are spending more money on television ads. E. They are using more traditional mass-media-based advertising.
The two major reuse concepts are analysis and design
Indicate whether the statement is true or false
Amy plans to open a laundromat with a gym. She got the idea from the laundromat with a bar and game rooms, which she visits regularly. She wants to test her idea by starting out in a small space with the focus on the laundromat and a small space allocated for gym equipments. Amy's idea is an example of ________.
A. an incremental innovation B. a pure innovation C. a blue ocean strategy D. an altruistic approach