Grape Gratuities Company Has the Following Inventory Data A Physical Count of Merchandise Inventory on July 30 Reveals

question 15

Multiple Choice

Grape Gratuities Company has the following inventory data: $$\begin{array} { r l r r } \text { July } 1 & \text { Beginning inventory } & 40 \text { units at } \$ 20 & \$ 800 \\7 & \text { Purchases } & 140 \text { units at } \$ 21 & 2,940 \\22 & \text { Purchases } & 20 \text { units at } \$ 22 & { 440 }\\&&& { \$ 4,180 }\end{array}$$ A physical count of merchandise inventory on July 30 reveals that there are 50 units on hand. Using the FIFO inventory method, the amount allocated to ending inventory for July is

• A)$1,170.
• B)$1,010.
• C)$1,070.
• D)$1,100.

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Definitions:

Structural Job Resources

Elements within a job or workplace environment that facilitate effective performance and employee engagement.

Experienced Responsibility

The feeling of personal accountability an individual has for their task performance or work outcomes.

Core Job Characteristic

Fundamental aspects of a job that affect an employee's motivation, satisfaction, and performance.

Hindering Job Demands

Aspects of a job that impede progress, exert unnecessary pressure, or detract from performance.