Holliday Company's inventory records show the following data: 
A physical inventory on December 31 shows 2,000 units on hand. Holliday sells the units for ₤3 each. The company has an effective tax rate of 20%. Holliday uses the periodic inventory method. What is the cost of goods available for sale?
Definitions:
Standard Deviation
A statistical indicator that quantifies the spread of scores or values around the mean in a dataset, illustrating the variability or consistency among the data.
Fresh Gallon
A measurement indicating a gallon of a freshly produced or provided liquid, such as milk or paint.
Safety Stock
Additional inventory kept to reduce the risk of stockouts.
Service Level
A measurement of the quality and efficiency of a service, often evaluated based on factors such as speed, reliability, and customer satisfaction.
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