Table 6-6 Sam's Wholesale Bikes -Refer to Table 6-6

question 23

Multiple Choice

Table 6-6 Sam's Wholesale Bikes $$\begin{array} { | l | l | } \hline \text { January } 1 \text { inventory balance } & 15 \text { units at } \$ 350 \text { per unit } \\\hline \text { January } 4 \text { purchase } & 50 \text { units at } \$ 375 \text { per unit } \\\hline \text { January } 15 \text { sale } & 40 \text { units at } \$ 550 \text { per unit } \\\hline \text { February } 8 \text { purchase } & 80 \text { units at } \$ 405 \text { per unit } \\\hline \text { February } 15 \text { sale } & 70 \text { units at } \$ 550 \text { per unit } \\\hline\end{array}$$
-Refer to Table 6-6. What is the cost of goods sold for the two months assuming that Sam's uses the perpetual weighted-average inventory method?

• A)$38,772
• B)$42,523
• C)$49,700
• D)$46,996

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Definitions:

Executive Positions

Positions at the top of the organizational hierarchy responsible for strategic planning, decision-making, and overseeing company operations.

Managerial Positions

Roles within an organization that involve overseeing teams, planning and implementing strategy, and ensuring that operational goals are met.

Stimulating

The process or action of encouraging or arousing interest, excitement, or activity in someone or something.

Hindrance Stressors

Factors that obstruct personal progress and contribute to stress, impeding goal achievement.