Fix-It Hardware Began the Month of November with 150 Large

question 13

Multiple Choice

Fix-It Hardware began the month of November with 150 large brass switchplates on hand at a cost of $4.00 each.These switchplates sell for $7.00 each.The following schedule presents the sales and purchases of this item during the month of November.
$\begin{array}{|l|l|l|l|}\hline&\text { Purchases }\\\hline \text { Date of Transaction } & \text { Quantity Received } & \text { Unit Cost } & \text { Units Sold } \\\hline \text { November 5 } & & & 100 \\\hline \text { November 7 } & 200 & \$ 4.20 & \\\hline \text { November } 9 & & & 150 \\\hline \text { November } 11 & 200 & 4.40 & \\\hline \text { November } 17 & & & 220 \\\hline \text { November } 22 & 250 & 4.80 & \\\hline \text { November } 29 & & & 100 \\\hline\end{array}$ (CMA adapted, Dec 92 #28) Refer to the Fix-It Hardware example.If Fix-It uses (periodic) LIFO inventory pricing, the cost of goods sold for November would be

• A)$2,416
• B)$2,474
• C)$2,508
• D)$2,584
• E)$2,684

Analyze the role of acceptance and non-judgment in building effective client relationships.

Differentiate between professional empathy and overidentification.

Appreciate the importance of finding common ground and building rapport with clients.

Understand the balance of cognitive and affective components in intern engagement.

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Definitions:

Preventive Maintenance Program

A schedule of planned maintenance actions aimed at preventing breakdowns and failures of equipment before they occur.

Cost Effective

Cost-effective refers to an action that provides the best possible outcome for the least amount of money, maximizing the benefits relative to its costs.

Breakdown Maintenance

Maintenance performed after equipment failure or breakdown to restore it to operational condition.

Two-Component Process

A process consisting of two distinct parts or stages that together complete a task or produce a product.