Avery Supplies Uses a Periodic Inventory System - How Much Is Cost of Goods Sold?
A) $26,000

question 121

Multiple Choice

Avery Supplies uses a periodic inventory system.Please refer to the following data: $\begin{array}{|l|r|}\hline \text { Beginning inventory } & \$ 3,000 \\\hline \text { Ending inventory } & 2,100 \\\hline \text { Purchases } & 24,000 \\\hline \text { Purchase discounts } & 800 \\\hline \text { Purchase returns \& allowances } & 1,200 \\\hline \text { Freight in } & 4,200\\\hline \end{array}$
- How much is Cost of goods sold?

• A) $26,000
• B) $22,000
• C) $27,100
• D) $29,200

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Definitions:

Directive Leadership

A leadership approach where the leader provides clear instructions and expectations, and closely supervises tasks.

Internal Locus of Control

The belief that individuals control their own fate and outcomes through their actions and decisions.

Participative Leadership

A leadership style that involves employees or team members in the decision-making process to encourage engagement and commitment.

Supportive Behaviors

Actions by an individual or leader that provide assistance, encouragement, or comfort to others.