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Inventory flow assumptions
Arrow,Inc.uses a perpetual inventory system.On January 22,2018,the company had 200 units of a particular product on hand,with a total cost of $2,400.The per-unit costs were:
On January 24,2018,Arrow sold 65 units of this product.
Using the three flow assumptions listed below,compute (1)the cost of goods sold,and (2)the cost of the inventory of this product on hand after this sale.Show your computations as per below format.
Human Development
A multifaceted approach to measuring and conceptualizing the growth of human capabilities and wellbeing, often incorporating indicators like education, health, and income.
Significant Others
People we want to impress or gain approval from.
Generalized Others
The concept in sociology referring to the general social attitude and norms that an individual uses as a reference in forming behaviors and attitudes.
Alter-egos
Refers to alternate identities, personas or characters that a person may assume or exhibit, often showing different aspects of their personality or used in different contexts.
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