Examlex

Solved

Use the Information Below to Answer the Following Questions:
Diligent

question 15

Multiple Choice

Use the information below to answer the following questions:
Diligent Ltd had 5 units of the commodity Algo on hand at 1 September 2012. The following purchases and sales were made during September:

 Opening Balance  Purchases  Sales September15 units@$200 $ September35 units @ $240 September 77 units  123 units@$260 275 units  256 units@$200  \begin{array}{llcc} \text { Opening Balance } & \text { Purchases } & \text { Sales } \\ \text {September1\quad 5 units@\$200 \( \$ \) } & \text {September3\quad 5 units @ \$240 \( \quad \) }& \text {September \( 7 \quad 7 \) units}\\ \text { } & \text { 12\quad 3 units@\$260} & \text { 27\quad 5 units } \\ \text { } & \text {25\quad 6 units@\$200 } & \text { } \\\end{array}
-What was the value of cost of goods sold of Algo,using the moving weighted average assumption and a perpetual inventory system?


Definitions:

Exploitative

Utilizing someone or something unfairly for one's own advantage, often without regard for the welfare of the other party.

Personality Differences

The variations among individuals' behavioral traits, emotional responses, and thought processes, which can impact their interactions and performance in various settings.

Authoritarian Personality

A personality type characterized by adherence to strict obedience and control over others, often without consideration for their opinions or feelings.

Conscientiousness

A personality trait characterized by diligence, carefulness, and the desire to do a task well, often linked to high levels of responsibility and dependability.

Related Questions