Stubbs Company uses the perpetual inventory method and the weighted-average cost flow method. On January 1, Year 2, Stubbs purchased 950 units of inventory that cost $7.50 each. On January 10, Year 2, the company purchased an additional 600 units of inventory that cost $5.00 each. If the company sells 1300 units of inventory for $15 each, what is the amount of gross margin reported on the income statement? (Round your intermediate calculations to two decimal places.):
A. $11,754
B. $11,011
C. $18,000
D. $15,625
Answer: B
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A group of friends decided to start their own custom clothing firm with the resources and abilities they have. Steven is really good at applying formulas to solve complex problems that involve numbers. Bobby excels at combining specific data into general conclusions. Richie is able to study stock market data and predict how the market fluctuations will affect an industry. These people believe that they can build a great future, and they are working hard toward their goals. From the information given, it can be concluded that Steven has high ability in the area of
A. mathematical reasoning. B. response orientation. C. inductive reasoning. D. number facility. E. problem sensitivity.
To tell if the receiver has been listening, a communicator should ______.
a. evaluate the receiver’s immediate actions b. ask direct questions of the receiver c. ask for a written response from the receiver d. consider the receiver’s body language
______ provide advice, internal consulting, and other indirect support services to the rest of the organization.
A. Machine bureaucracy B. Operating core C. Support staffs D. Adhocracy
The communication process begins when the receiver provides feedback to the sender
Indicate whether the statement is true or false