A Company Just Starting Business Made the Following Four Inventory

question 94

Multiple Choice

A company just starting business made the following four inventory purchases in June: A physical count of merchandise inventory on June 30 reveals that there are 250 units on hand.Using the average-cost method, the amount allocated to the ending inventory (rounded to the nearest dollar) on June 30 is

• A)$683.
• B)$755.
• C)$825.
• D)$1,360.

---

Definitions:

Motivation

The psychological forces that determine the direction of a person's behavior, influencing their level of effort and persistence.

Behavioural Framework

refers to models and theories that explain or predict human actions based on individual behaviors and environmental factors.

Compensation

The total of all rewards provided by an employer to employees in return for their services, including salary, bonuses, and benefits.

Output-Related Pay

A compensation model where an employee's earnings are directly tied to the quantity or quality of their work output, encouraging productivity and performance.