Examlex

Solved

Use the Following Information for Questions
Transactions for the Month

question 55

Multiple Choice

Use the following information for questions
Transactions for the month of June were:  Purchases  Sales  June 1 (balance)  800@$3.20 June 2600@$5.5032,200@3.1061,600@5.5071,200@3.3091,000@5.50151,800@3.4010400@6.0022500@3.50181,400@6.0025200@6.00\begin{array} { r r r r r r } { \text { Purchases } } && { \text { Sales } } \\\hline \text { June } 1 & \text { (balance) } 800 @ \$ 3.20 & \text { June } 2 & 600 @ \$ 5.50 \\3 & 2,200 @ 3.10 & 6 & 1,600 @ 5.50 \\7 & 1,200 @ 3.30 & 9 & 1,000 @ 5.50 \\15 & 1,800 @ 3.40 & 10 & 400 @ 6.00 \\22 & 500 @ 3.50 & 18 & 1,400 @ 6.00 \\& & 25 & 200 @ 6.00\end{array}
-Assuming that perpetual inventory records are kept in dollars, the ending inventory on a FIFO basis is


Definitions:

Moral Intensity

The perceived importance or ethical weight of a moral issue, which influences individuals' recognition of and reactions to ethical situations.

MARS Model

A framework used in organizational behavior that outlines four factors—Motivation, Ability, Role Perceptions, and Situational factors—that directly influence an individual's performance.

Lateness Behavior

The habit or tendency of not being on time for work, meetings, or professional obligations, often symptomatic of deeper issues.

Organizational Citizenship

Involves voluntary behaviors exhibited by employees that are not part of their formal job requirements but that contribute positively to the organization.

Related Questions