A Corporation Has Provided the Following Information About One of Their

question 84

Multiple Choice

A corporation has provided the following information about one of their products:

$$\begin{array}{ll}\begin{array} { ll } \text { Date } & \text { Transaction } \\1 / 1 & \text { Beginning Inventory } \\6 / 5 & \text { Purchase } \\11 / 10 & \text { Purchase } \\\end{array}\begin{array} { l l} \text { Number of Units } & \text { Cost per Unit } \\200& \$ 140 \\400 & \$ 160 \\100 & \$ 200 \\\end{array}\end{array}$$
During the year,400 units were sold. What is ending inventory using the average cost method?

• A)$48,000
• B)$64,000
• C)$50,000
• D)$62,000

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Definitions:

Flexible Working Hours

Give employees some choice in the pattern of daily work hours.

Absenteeism

The habit or practice of frequently being absent from work or obligations without good reason, leading to potential disruptions and decreased productivity.

Autonomy

The capacity of individuals or groups to make independent decisions and control their own activities, often empowering creativity and innovation.

Telecommuting

A work arrangement in which employees perform their job duties from outside the traditional office environment, often from home, leveraging digital technologies.