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Answer:
a. expectancy theory
Explanation:
Expectancy theory -
According to this theory , a person will behave in a specific way depending on the individual's choice , is referred to as the expectancy theory .
It is also known as the expectancy theory of motivation .
Various factors make the person to select some specific behavior over others like outcome , strength , intelligence etc.
Hence , from the given scenario of the question ,
The correct answer is expectancy theory .
Using FIFO;
The Ending inventory = 7
Cost of goods sold = $9240
<h3>What is FIFO in accounting?</h3>
FIFO is the acronym for the First In, First Out, which is the principle in which assets produced or acquired first are sold, used, or disposed of first.
Using the FIFO asset-management procedure;
Total assets owned = 6 + 5 + 4 + 6 = 21
Total sales = 4 + 3 + 7 = 14
Ending inventory = 21 - 14
Ending inventory = 7
Cost of good sold is calculated using FIFO as follows:
Total goods sold = 14
Cost of goods sold = 6 * $830 + (1 + 4) * 840 + 3 * $850
Cost of goods sold = $9240
In conclusion, using FIFO, the first goods bought are sold first.
Learn more about FIFO at:brainly.com/question/24938626
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It's important to fill out a tax form correctly because the IRS requires people to pay taxes on their income gradually throughout the year. ... At the same time, if you have too much tax withheld, your monthly budget will be tighter than it needs to be.
