A Company Has Inventory of 15 Units at a Cost

question 84

Multiple Choice

A company has inventory of 15 units at a cost of $12 each on August 1. On August 5, it purchased 10 units at $13 per unit. On August 12 it purchased 20 units at $14 per unit. On August 15, it sold 30 units. Using the FIFO perpetual inventory method, what is the value of the inventory at August 12 after the sale?

• A) $140.
• B) $160.
• C) $210.
• D) $380.
• E) $590.

Identify and describe various career assessment inventories and their specific applications.

Recognize the role of multiaptitude tests in career planning and development.

Understand the significance of matching personal interests, values, and abilities with potential career paths.

Explain the trait-and-factor theory and its relevance to career counseling.

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Definitions:

Obedience

A form of social influence where an individual acts in response to a direct order from another individual, usually an authority figure.

Persuasion

The act or process of influencing someone's beliefs, attitudes, or behaviors through argument, reasoning, or appeal.

Groupthink

A behavioral pattern observed in groups where the pursuit of agreement or uniformity leads to choices that are illogical or counterproductive.

Challenger Disaster

The catastrophic failure of the Space Shuttle Challenger shortly after its launch on January 28, 1986, leading to the death of all seven crew members.