Beginning Inventory, Purchases, and Sales for an Inventory Item Are

question 136

Short Answer

Beginning inventory, purchases, and sales for an inventory item are as follows:​​ $$\begin{array} { | l | l | } \hline \text { Beginning inventory } & 150 \text { units } @ \$ 755 \\\hline \text { Sale } & 120 \text { units } \\\hline \text { First purchase } & 400 \text { units } @ \$ 785 \\\hline \text { Sale } & 200 \text { units } \\\hline \text { Second purchase } & 300 \text { units } @ \$ 805 \\\hline \text { Sale } & 290 \text { units } \\\hline\end{array}$$ The firm uses the perpetual inventory system and there are 240 units of the item on hand at the end of the year. What is the total cost of ending inventory according to FIFO?

Identify and differentiate between conditioned and unconditioned responses and stimuli.

Comprehend the concept of observational learning and its significance.

Grasp the foundational concepts and processes involved in operant conditioning.

Recognize the role of associative learning in behavior modification.