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Given the following information, determine the cost of goods sold at December 31 using the weighted average perpetual inventory method. December 2: 5 units were purchased at $7 per unit.
December 9: 10 units were purchased at $9.40 per unit.
December 11: 12 units were sold at $35 per unit.
December 15: 20 units were purchased at $10.15 per unit.
December 22: 18 units were sold at $35 per unit.
Productivity
The measure of how efficiently production inputs, such as labor and capital, are converted into outputs, or goods and services.
Turnover
Refers to people leaving their jobs, whether voluntarily or involuntarily (i.e., through firings).
Absenteeism
The habitual non-presence of an employee at their job, which can include both justified absences, such as illness, and unjustified absences.
Glass Ceiling
The glass ceiling is a metaphorical barrier that prevents minorities and women from rising to upper levels of management or leadership in a corporation, despite their qualifications or achievements.
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