MATCHING

question 21

Short Answer

MATCHING
a) high-grade chocolate with high fluidity and fat content
b) chocolate bean once the shell is removed
c) nonalcoholic paste made from crushed cocoa beans
d) chocolate and hazelnuts
e) 53 percent of the chocolate after beans are crushed
-gianjuda

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Definitions:

Purchases and Sales

Transactions involving the buying and selling of goods and services.

FIFO Perpetual

A method in the perpetual inventory system where the first items bought are the first to be sold, continuously updating inventory records.

Cost of Goods Sold

The total cost directly involved in producing goods or services, which are sold during a particular period.

Weighted-Average

A method used to calculate an average whereby different values have different levels of importance or "weights".