Garfield Company has the following information for the current year: Beginning fixed manufacturing overhead in inventory $230,0
1 answer:
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Answer and Explanation:
The computation of the cost od merchandised sold for each sale and the inventory balance after each sale is presented in the attachment below;
The perpetual inventory is the system which updated the inventory as on a regular basis
While on the other hand, the weighted average cost method is the method in which the average cost is calculated after each every purchase is made
In the calculation below:
1. The weighted average cost of $30.90 come from
= (Total inventory cost) ÷ (Total quantity)
= ($180,000 + $1,674,000) ÷ (60,000 units)
= $30.90
1. The weighted average cost of $31.60 come from
= (Total inventory cost) ÷ (Total quantity)
= ($463,500 + $674,100) ÷ (36,000 units)
= $31.60
The set of character traits under the achievement, planning, and power clusters includes: opportunity seeking and initiatives, persistence, fulfilling commitment (commitment to work contract), taking risk (calculated), demand for efficiency and quality, goal seeking, information seeking, systematic planning and monitoring, persuasion and networking, self-confidence and independence
One character trait that in your opinion best describes me is
- Persistence
One personal experience that demonstrates that trait was;
- There was a time in my life, I was searching for a job. A friend of mind gave me a job that was not in my field of expertise to work on. He told me how to do it, but I was experiencing some difficulties. But when I think of how cashless I was and how I don't want to give up and disappoint the person who trust me, I put extra effort into studying more concerning the work.
- I did a very good job of which i was commended for and so i promise myself not to give up but be more persistence in all that i hope to achieve.
For better understanding, let us explain what the Character Traits means
- Character Trait is simply known as the mark or attribute that set apart an entrepreneur from the owner of an ordinary small business.
- Achievement Cluster is simply made up of entrepreneurial character traits that are closely linked to the entrepreneur's desire to be an achiever in his/her field of entrepreneurship.
- Planning Cluster is simply refered to as different characteristics of successful entrepreneurs that basically supports the character traits in the achievement cluster
From the above, we can therefore say that the answer The set of character traits under the achievement, planning, and power clusters includes: opportunity seeking and initiatives, persistence, fulfilling commitment (commitment to work contract), taking risk (calculated), demand for efficiency and quality, goal seeking, information seeking, systematic planning and monitoring, persuasion and networking, self-confidence and independence
One character trait that in your opinion best describes me is
- Persistence
One personal experience that demonstrates that trait was:
- There was a time in my life, I was searching for a job. A friend of mind gave me a job that was not in my field of expertise to work on. He told me how to do it, but i was experiencing some difficulties. But when I think of how cashless i was and how I don't want to give up and disappoint the person who trust me, I put extra effort into studying more concerning the work.
- I did a very good job of which I was commended for and so I promise myself not to give up but be persistence in all I do, are correct
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