Clear Clarinets Has the Following Inventory Data Assuming That a Periodic Inventory System Is Used What Is

question 182

Multiple Choice

Clear Clarinets has the following inventory data: $$\begin{array} { r l l } \text { July } 1 & \text { Beginning inventory } & 50 \text { units at } \$ 120 \\5 & \text { Purchases } & 300 \text { units at } \$ 112 \\14 & \text { Sale } & 200 \text { units } \\21 & \text { Purchases } & 150 \text { units at } \$ 115 \\30 & \text { Sale } & 140 \text { units }\end{array}$$ Assuming that a periodic inventory system is used what is the amount allocated to ending inventory on a FIFO basis?

• A)$18220
• B)$18370
• C)$38480
• D)$38530

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Definitions:

Task-Oriented Leadership

A leadership style that focuses on the tasks that need to be performed in order to meet certain goals, emphasizing clear roles, structured activities, and high productivity.

Path-Goal Theory

A leadership theory that suggests leaders should adjust their style to fit the developmental and motivational needs of their subordinates to achieve the desired outcome.

Supportive Leadership

A leadership style characterized by caring for the well-being of employees and being supportive of their needs and concerns.

Team Cohesiveness

The extent to which team members are attracted to the team and motivated to remain in it, fostering unity and commitment.