Given the Following Data, Calculate the Dollar Amount of Goods

question 36

Multiple Choice

Given the following data, calculate the dollar amount of goods available for sale of using the average- cost method.

• A)$ 283.90
• B)$ 851.71
• C)$1,164.00
• D)$1,419.12

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Definitions:

Manufacture

The process of making products on a large scale using machinery, often involving the combination of raw materials, components, or ingredients.

Package

A container or wrapping in which products are sold, transported, or stored, also considered as part of the product's branding and marketing.

Situation Analysis

Taking stock of where the firm or product has been recently, where it is now, and where it is headed in terms of the organization’s marketing plans and the external forces and trends affecting it.

External Forces

Factors outside of an organization that affect its performance, including economic, political, social, and technological influences.