Use the Following Information for Questions Below
K-Tel Industries Had

question 31

Multiple Choice

Use the following information for questions below
K-tel Industries had the following activity with one of its inventory items during the current period:
$$\begin{array}{l}\text { }\\\begin{array} { l l l l } &&\text {units }&\text { unit cost}\\\text { beginning}&\text {inventory }&30&\$8.00\\\text { purchase}&\text {december 5 }&8&10.5\\\text {sale }&\text {december 11 }&(40) \\\text {purchase }&\text {december 17}&60&12.00\\\text {sale }&\text {december 26 }&(70) \\\end{array}\end{array}$$
-Using a perpetual inventory system and the FIFO cost formula,the cost of goods sold was

• A)$975.
• B)$1,080.
• C)$1,175.
• D)$1,300.

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Definitions:

Organic Designs

Organizational structures that are flexible, decentralized, and characterized by open communication channels.

Organisational Design

The process of shaping an organization's structure and roles to align with its objectives and the external environment.

Structural Strategising

The process of planning and developing structures within an organization to achieve its long-term goals.

Unique Situation

A scenario or circumstance that is distinct from others, often requiring specialized handling or consideration.