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Given the Following Information for Glade Company Required:

Answer the Following Questions for Glade Company:

question 81

Essay

Given the following information for Glade Company:
 Jan. 1 Beginning inventory 18 units @$4 eacl  Jan. 7 Purchase 12 units @$5 each  Jan. 10 Sale 14 units  Jan. 17 Purchase 10 units @$6 each  Jan 10 Sale 4units \begin{array}{lll}\text { Jan. } 1 & \text { Beginning inventory } & 18 \text { units } @ \$ 4 \text { eacl } \\\text { Jan. } 7 & \text { Purchase } & 12 \text { units } @ \$ 5 \text { each } \\\text { Jan. } 10 & \text { Sale } & 14 \text { units } \\\text { Jan. } 17 & \text { Purchase } & 10 \text { units } @ \$ 6 \text { each } \\\text { Jan } 10 & \text { Sale } & 4 \text {units } \end{array} Required:

Answer the following questions for Glade Company:
a. If FIFO is in use, what is total ending invent ory in dollars?
b. If perpetual LIFO is in use, what is cost of goods sold for the month?
c. If weighted average is in use, what is enching inventory?
d. If moving average is in use what is the cost per urit sold for the Jamuary 10 sale


Definitions:

Behavior Therapy

A form of psychotherapy that aims to change undesirable behaviors through conditioning techniques.

Unconditional Positive Regard

A concept in client-centered therapy proposing unhindered acceptance and support of a person regardless of what they say or do.

Faulty Patterns

Dysfunctional or unproductive behaviors or thoughts that are repeated over time, often leading to negative outcomes.

Insight

Insight is the understanding of a specific cause and effect within a specific context, often leading to a solution to a problem or an understanding of a psychological issue.

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