All of the above all the above I've done it all
Answer:
The amount of the cost of goods sold for this sale is $98.4
Explanation:
Marquis Company uses a weighted-average perpetual inventory system
August 2, 22 units were purchased at $3 per unit,
Total cost = $3 x 22 = $66
Average cost per unit: $3
August 18, 27 units were purchased at $5 per unit
Total inventory = $66 + $5 x 27 = $201
Average cost per unit = $201/(22+27) = $4.1
August 29, 24 units were sold
Cost of goods sold = 24 x $4.1 = $98.4
What are the differences between short- and long-term planning? Short-term planning evaluates your progress in the present and creates an action plan to improve performance daily. However, long-term planning is a comprehensive framework that comprises of goals to be met within a four- to five-year period.
Answer:
d. Harmon only needs to show the bank his record of income from
his old job, not his new business.
